Mohawk completes Unilin acquisition
November 1, 2005,
CALHOUN, Ga. -- Mohawk Industries, Inc. has completed the acquisition of Unilin Holding NV, a manufacturer and marketer of laminate flooring products based in Belgium.
For 2004, Unilin had sales of approximately $988 million, operating income after including other income of $238.7 million and depreciation and amortization of $54.1 million. The total value of the acquisition, net of cash, is approximately $2.6 billion and is being financed with debt.
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