Beaulieu Group Engineered Floors
The engineered floors family of brands provides the best flooring for homeowners builders and commercial spaces.
Beaulieu group engineered floors. Whether you buy it from us or somewhere else our experienced and courteous team will handle your installation needs. Beaulieu floors serving residential and commercial customers in the washington metropolitan area since 1993 our services commercial and residential sales installation and wood flooring refinishing. We are pleased with the quick approval of the bankruptcy court of our purchase agreement said robert e. 20 with a letter of intent.
We can now move forward building an even stronger floor covering industry in our community. We are pleased with the quick approval of the bankruptcy court of our purchase agreement said robert e. 3 in industry sales after an agreement to buy competitor beaulieu group. Engineered floors has bought substantially all of the operating assets of beaulieu group the company announced thursday in a press release.
Beaulieu group with a history reaching back to the mid 1970s had entered bankruptcy proceedings back in the summer to better position itself for the future. Bob shaw who was the co founder and longtime head of shaw industries leading up to its sale to warren buffett s berkshire hathaway in 2001 said it had reached a letter of intent agreement in principle to purchase substantially all of the operating assets of beaulieu group llc which. Volume 32 issue 9 by ken ryan dalton engineered floors agreement to purchase substantially all operating assets of beaulieu group a deal pending bankruptcy court approval would make ef a dominant no. 3 player in the carpet segment a billion dollar player overall trailing only industry titans shaw and mohawk.
Shaw founder and ceo of engineered floors. Engineered floors llc has reached a letter of intent agreement in principle to purchase substantially all of the operating assets of beaulieu group llc the privately held dalton ga based. With three distinct business units beaulieu international group is a vertically integrated group producing raw materials semi finished and finished products. Polymers as a vertically integrated company beaulieu international group is not only active in the production of floor coverings and fabrics but has established itself as a strong.
Shaw founder and ceo engineered floors. Engineered floors announced it has purchased all of the operating assets of beaulieu group. This completes a process that formally began sept. Engineered floors founded by robert e.