FARNHAM, QUEBEC -- Domcor, the distribution division of Domco Tarkett Inc. for Canada, has signed a letter of intent with Canadian hardwood flooring product distriobutor HFI Hardwood Flooring Inc. to purchase certain HFI assets.
Upon closing of this transaction, if all conditions are met, Domcor will establish a division called HFI that will distribute hardwood flooring among other flooring products and related accessories. The HFI Division of Domcor would distribute in Canada products of existing HFI suppliers with whom it will have negotiated distribution agreements.