Belknap-Haines, one of the largest flooring distributors in the United States, servicing the East Coast from Maine to Florida, announced it has acquired Texas-based STC Floors (formerly Swiff-Train).
STC has a very experienced sales team that services Texas, Oklahoma, Louisiana, Colorado, Arkansas, Mississippi, and Florida, as well as several distribution facilities located throughout Texas. The company primarily sells private label product, which Belknap-Haines said it plans to grow while adding other branded products to the STC portfolio. STC will operate as a separate division of Belknap-Haines with their current executive and management teams in place.
“This transaction is another example of the Mancini family investing for the long-term in the flooring distribution business," said Paul Castagliuolo, president of Belknap-Haines. "Recently we expanded into Ohio, Indiana, and Kentucky. We are excited to continue our expansion into the Texas and Gulf Coast market through our transaction with STC.”
STC President Shane Calloway said the move will provide the financial strength needed for STC to introduce new products and grow into new markets.
For more information, visit BelknapWhite.com.