M&A Deal Summary

Mohawk Industries Acquires Kai

On May 12, 2015, Mohawk Industries acquired consumer products company Kai

Acquisition Highlights
  • This is Mohawk Industries’ 2nd transaction in the Consumer Products sector.
  • This is Mohawk Industries’ 1st transaction in Japan.

M&A Deal Summary

Date 2015-05-12
Target Kai
Sector Consumer Products
Buyer(s) Mohawk Industries
Deal Type Add-on Acquisition

Target

Kai

Tokyo, Japan
Kai Corp. is a manufacturer, seller, importer and exporter of cutlery and cutting tools, kitchen utensils, beauty, etc.

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Buyer(S) 1

Buyer

Mohawk Industries

Calhoun, Georgia, United States

Category Company
Founded 1988
Sector Building Materials
Employees41,900
Revenue 10.8B USD (2024)
DESCRIPTION
Entrance to Mohawk Industries' corporate headquarters in Calhoun, Georgia.
Entrance to Mohawk Industries' corporate headquarters in Calhoun, Georgia.

Mohawk Industries is a flooring manufacturer that creates products to enhance residential and commercial spaces around the world. Mohawk's vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone, and vinyl flooring. Mohawk Industries was founded in 1988 and is based in Calhoun, Georgia.


DEAL STATS #
Overall 9 of 12
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 8 of 10
Country: Japan M&A 1 of 1
Year: 2015 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-12 KAI Group

Bulgaria

KAI Group is the largest Bulgarian manufacturer of ceramic tiles and the only manufacturer of glazed and unglazed porcelain tiles on the Balkan Peninsula. The Group was incorporated in 1997 and unites the plants Khan Asparuh – Isperih and Khan Omurtag – Shumen. The product range includes wall and floor ceramic tiles,

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-20 Godfrey Hirst Group

South Geelong, Australia

Godfrey Hirst Group is a flooring company, that provides broadloom, modular carpet and hard surface products for both residential and commercial applications. Godfrey Hirst Group was founded in 1865 and is headquartered in South Geelong, Australia.

Buy -