Tri-Co, a 65-year-old commercial flooring contractor based in San Diego, California, has appointed Miguel Burboa as CEO following a majority investment from his firm Fuerte Capital.
MFM Building Products and NAC Products have merged, creating a comprehensive waterproofing solution provider for both exterior and interior applications. NAC will now operate as MFM's Flooring Division, strengthening their combined offering while maintaining the same quality products and services.
Lowe's strengthens position in homebuilder market through strategic $1.325 billion acquisition of ADG, a nationwide provider of interior surface finishing services with $1.8 billion in annual revenue and 3,200+ specialized installers serving residential construction professionals.
Atlanta-based Construction Resources expands its East Coast footprint by acquiring premium stone and tile distributor Opustone, adding three South Florida showrooms to its growing family of surfaces companies.
BuildDirect expands its Pro Center network with the acquisition of Orlando-based Anchor Flooring and Yorkshore Sales, strengthening its distribution capabilities in the southeastern U.S. and enhancing services for professional contractors.
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.
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.
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.
