M&A Deal Summary

QEP Acquires Faus Group

On February 28, 2014, QEP acquired building materials company Faus Group from Industrias Auxiliares Faus S.L.U

Acquisition Highlights
  • This is QEP’s 3rd transaction in the Building Materials sector.
  • This is QEP’s 4th transaction in the United States.
  • This is QEP’s 2nd transaction in Georgia.

M&A Deal Summary

Date 2014-02-28
Target Faus Group
Sector Building Materials
Buyer(s) QEP
Sellers(s) Industrias Auxiliares Faus S.L.U
Deal Type Add-on Acquisition

Target

Faus Group

Calhoun, Georgia, United States
Faus Group, Inc. is a manufactures and distributes premium laminate flooring under the Fausfloor brand.

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Buyer(S) 1

Buyer

QEP

Boca Raton, Florida, United States

Category Company
Founded 1979
Sector Manufacturing
Revenue 252M USD (2024)
DESCRIPTION

QEP engages in the manufacture, marketing, and distribution of a line of specialty tools and flooring-related products. QEP was founded in 1979 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 5 of 5
Sector: Building Materials M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 4
State: Georgia M&A 2 of 2
Country: United States M&A 4 of 4
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-12 Homelux Nenplas

Ashbourne, United Kingdom

Homelux Nenplas manufactures and distributes plastic extrusions used in a variety of retail and manufacturing applications. The company’s Homelux division is the UK’s largest supplier of bathroom and kitchen tile trims and associated products to the retail DIy sector, and has extensive markets in North America and mainland Europe. The Nenplas division manufactures extrusions used in a wide variety of general trades, including construction, caravan manufacturing, furniture and rolling stock refurbishment.

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Seller(S) 1

SELLER

Industrias Auxiliares Faus S.L.U

Gandia, Spain

Category Company
Founded 1953
Sector Building Materials
DESCRIPTION

Industrias Auxiliares Faus, S.L.U is a manufactures and distributes premium laminate flooring materials for construction industry.


DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1