CMH Flooring Products, based in
Wadesboro, N.C., said it has purchased fellow distributor Space Flooring, based
in Smyrna, Ga. Plans call for Space Flooring to continue operating as a
separate entity. Additionally, Kent Goodman will stay on as president of Space.
Other terms of the agreement were not disclosed.
“I look
forward to working with Kent and his entire team,” said Hoy Lanning, CEO of
CMH. “Kent and I couldn’t be happier regarding the possibility for sharing the
strengths of our businesses.”
Goodman
also said the companies were a good fit. “The owners of CMH are a great group
of business professionals and our combined staffs have decades of experience
that will benefit both established and new customers,” he said.
While a range of products are shared by both companies,
certain products “such as Congoleum” will remain exclusives to the respective
distributors, CMH added.
‘Sharing the strengths': CMH buys Space Flooring
December 12, 2008
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