Milliken & Co. has completed the acquisition of flooring maker Constantine LLC. Based in Calhoun, Ga., Constantine designs, manufactures and markets broadloom and modular carpet tile, as well as resilient and hard surface flooring. The company employs about 300 people and operates four manufacturing locations as well as a distribution center within the Calhoun, Ga., area. Terms of the deal were not disclosed.
“Constantine is a design leader in the premier commercial floor covering industry. This acquisition will immediately expand our market space while also building on Milliken’s commitment to innovation, technology, and sustainability,” said Joe Salley, president and CEO of Milliken & Co. “We are excited to have Constantine join the Milliken family.”
“This transaction represents the strengthening of two organizations that together will offer unique and innovative solutions to the A&D industry.” noted Bob Weiner, founder and former chairman of Constantine.
The move by Milliken follows several months of strategic organizational and product alignment, focused on strengthening Milliken’s core growth technologies and capitalizing on emerging markets. “Given the world’s continuing economic slump, it is encouraging for us to be on the growth side of the business alignment equation,” said Richard Dillard, director of public affairs for Milliken. “We are excited about what the future holds.”
Milliken buys Constantine; includes hard surface category
October 9, 2009