M&A Deal Summary

Mohawk Industries Acquires Spano NV

On January 28, 2013, Mohawk Industries acquired forest products company Spano NV for 125M EUR

Acquisition Highlights
  • This is Mohawk Industries’ 1st transaction in the Forest Products sector.
  • This is Mohawk Industries’ 6th largest (disclosed) transaction.
  • This is Mohawk Industries’ 2nd transaction in Belgium.

M&A Deal Summary

Date 2013-01-28
Target Spano NV
Sector Forest Products
Buyer(s) Mohawk Industries
Deal Type Add-on Acquisition
Deal Value 125M EUR

Target

Spano NV

Oostrozebeke, Belgium
Spano manufactures and distributes chip and melamine board, which are used to produce furniture and building products primarily in the Belgian market.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 6 of 12
Sector: Forest Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 6 of 10
Country: Belgium M&A 2 of 3
Year: 2013 M&A 1 of 1
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-20 Marazzi Group

Modena, Italy

Marazzi Group is a designer, manufacturing and distribution of ceramic tiles. Marazzi is a technological provider in the tiles sector and has a strong track record in design and innovation.

Buy $1.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-13 The IVC Group

Avelgem, Belgium

The IVC Group is a major manufacturer of sheet vinyl, luxury vinyl tile (LVT) and laminate, with operations in Europe and the United States. IVC's sheet vinyl is constructed with a fiberglass core that provides a cushioned product that does not crack, curl or expand, making it durable and easy to install.

Buy $1.2B