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Mohawk Industries (MHK) agrees to acquire Marazzi Group, a global manufacturer and marketer of...

Mohawk Industries (MHK) agrees to acquire Marazzi Group, a global manufacturer and marketer of ceramic tile, for ~$1.5B in cash and stock. MHK says the addition of Marazzi, whose 2011 revenues totaled ~€833M ($1.16B), will make it the worldwide leader in ceramic tile. MHK -0.8% AH.
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  • Paolo Gorgo
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    Seeking Alpha broke the news:

     

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    20 Dec 2012, 04:57 PM Reply Like
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