Pervanovo said its intention is to acquire 100% of the shares of Spin Valis, which is one of Croatia's largest manufacturers of solid oak furniture and 420 employees, and the company will be renamed Bjelin Spinvalis.
Headquartered in the Greeley, Colorado, Front Range Interiors is a flooring retail store that has done residential and commercial business for more than 20 years.
The acquisition of IWT continues Victoria’s strategy of growing its business in North America via the acquisition of successful distributors selling the same categories of product as the group manufactures and sells in Europe.
The location, located near Chicago, Illinois, will serve as Louisville Tile's thirteenth branch office, adding a recently renovated showroom, office space and a 71,000-square-foot warehouse.