Q.E.P. acquires underlayment supplier
The Harmony product is designed to provide a moisture barrier, increase comfort underfoot and reduce the noise associated with floating floors. Sales for Tuplex during its latest fiscal year were approximately $1.4 million. Terms of the acquisition were not disclosed.
Lewis Gould, Q.E.P. chairman and CEO, lauded the acquisition for increasing the product offerings Q.E.P. can provide to its worldwide distribution network and home center customers.