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Home » mergers and acquisitions

Articles Tagged with ''mergers and acquisitions''

Sika and Schonox Teams in Florence Alabama
Industry Q&A

How Sika's Schönox Deal Reshapes the Flooring Installation Landscape

Tanja Kern Headshot 2023.png
Tanja Kern
March 16, 2025
No Comments

Sika's complete acquisition of Schönox HPS North America creates a single-source provider of flooring installation solutions for residential and commercial projects. Sika Senior Director of Floor Covering Marlene Morin discusses the strategic move, which combines two industry leaders, and what it means for flooring contractors in 2025.


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Havwoods Expands North American Presence with Castle Bespoke Flooring Acquisition

FLOOR Trends & Installation Editors
March 6, 2025
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New York-based flooring supplier Havwoods marks its 50th anniversary with the strategic acquisition of an Oregon-based premium wood flooring company.


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Sika Corporation Acquires Schönox HPS North America from TMT America

FLOOR Trends & Installation Editors
March 5, 2025
No Comments

After 14 years of building the Schönox brand across the U.S. flooring industry, TMT America sells its ownership stake to Sika Corporation, marking a strategic transition for both companies.


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Flooring Distributors Merge Under New Galleher Duffy Brand

FLOOR Trends & Installation Editors
January 29, 2025
No Comments

Artivo Surfaces announced the merger of Galleher, Tom Duffy, and Trinity Hardwood into a single entity called Galleher Duffy. The consolidation unites Galleher's hardwood expertise, Duffy's installation supplies, and Trinity's product portfolio to create a coast-to-coast distribution network.


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Roomvo Acquires QFloors

Roomvo Acquires QFloors

Tanja Kern Headshot 2023.png
Tanja Kern
January 27, 2025
No Comments

Toronto-based Roomvo, a visualization software provider serving over 7,000 flooring dealers, has acquired South Jordan, Utah-based QFloors, a leading enterprise resource planning (ERP) software company. The merger combines complementary technologies, with QFloors founder Chad Ogden remaining to oversee the completion of QPro, the next-generation ERP platform expected in late 2025.



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Strategic Value Partners to Invest €200 Million in Bjelin Group Through Preferred Equity Deal

FLOOR Trends & Installation Editors
January 13, 2025
No Comments
SVP invests €200M in Bjelin Group, enabling merger of Välinge's industrial business with Bjelin Industries. The deal combines leading wood technology with manufacturing expertise to create a global leader in sustainable flooring, while positioning Välinge Innovation for future IPO.
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Universal Metro Acquires Alabama-Based Commercial Flooring Services in Strategic Partnership.jpg

Universal Metro Acquires Alabama-Based Commercial Flooring Services in Strategic Partnership

FLOOR Trends & Installation Editors
January 10, 2025
No Comments

Universal Metro has partnered with Grant and Courtney Petruzzelli to acquire Commercial Flooring Services, a Huntsville-based flooring contractor and Starnet member founded in 1995. The deal aims to expand Universal Metro's Southeast presence while implementing new technologies and maintaining the company's community-focused legacy.


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WFCA Acquires FCITS

WFCA Acquires Flooring Consultants & Inspection Training Services

FLOOR Trends & Installation Editors
December 18, 2024
No Comments

This acquisition is a key step in WFCA’s broader mission to unite and elevate the flooring industry by expanding access to essential training, resources, and support for professionals across various sectors.


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hb

H.B. Fuller Reorganizes Construction Business, Sells Flooring Division for $80 Million

FLOOR Trends & Installation Editors
December 6, 2024
No Comments

H.B. Fuller announces major restructuring of its building and construction portfolio, launching new Building Adhesive Solutions unit and selling its Flooring business to Pacific Avenue Capital Partners for $80 million, as part of strategy to focus on high-margin growth segments.


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Cyncly to Acquire Broadlume

Tanja Kern Headshot 2023.png
Tanja Kern
December 5, 2024
No Comments

Cyncly is acquiring Broadlume, combining two leading software providers in the flooring industry. The deal aims to create a unified platform serving flooring retailers, distributors, and manufacturers. Read Floor Trends & Installation's interview with Cyncly and Broadlume leadership to learn more about the deal. 


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