Dixie Group Completes Acquisition of Atlas

The Dixie Group has completed the previously announced acquisition of Atlas Carpet Mills, a manufacturer and marketer of commercial floorcovering products located in Los Angeles.

The acquisition was completed for an aggregate purchase price of approximately $17.5 million, which included assumption of certain outstanding purchase orders of Atlas, the payoff of existing debt, and a cash payment.

For more information, visit www.thedixiegroup.com.