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.
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.
L. Fishman & Son has acquired WJ Grosvenor, combining two historic flooring distribution companies. The deal expands Fishman's Northeast presence, adding seven branches and 20 employees. New England contractors will gain access to Fishman's extensive product line, including their Landmark Interiors collection.
AFS Group, the nation's fifth-largest independent flooring retailer based in Columbus, Ohio, has acquired Flooring Solutions, a Memphis, Tennessee-based flooring and tile retailer reporting more than $10 million in annual sales.
Artivo Surfaces, the Transom Capital-backed parent company of Virginia Tile, Galleher, and Trinity Hardwood, is acquiring Tom Duffy Company, a strategic move that significantly strengthens Artivo’s position as a market leader in the tile and flooring industry.
In a move to reshape flooring distribution, Transom Capital Group has announced the formation of Artivo Surfaces, a new parent company that brings together distributors Virginia Tile and Galleher. This strategic consolidation creates a multi-regional powerhouse with 48 locations across 18 states, offering an extensive range of flooring solutions from coast to coast.
After the recent addition of LL Flooring to the F9 Brands retail portfolio, F9 Brands CEO Jason Delves said the company is exploring other potential strategic options that will better align with Southwind’s long-term growth opportunities.
Under terms of the deal, expected to close by the end of September, F9 will acquire 219 stores, a Virginia distribution center, and LL Flooring’s intellectual property and other assets.
The Belknap White Group recently announced the brand merger of Belknap White, JJ Haines and Swiff Train under the UCX umbrella. Here, UCX CEO Ray Mancini discusses the merger and the future of distribution.