Announced
Completed
Synopsis
AHF Products, a hardwood flooring manufacturer, completed the acquisition of three US manufacturing facilities from Armstrong Flooring, a manufacturer of innovative flooring products focusing on design, performance and durability for the home and commercial applications, for $107m. "AHF is primed to benefit from a strong long-term outlook in both residential repair and remodel spend and new residential housing construction, and the benefits afforded by our strong domestic manufacturing capabilities. This purchase also significantly increases our position in the commercial flooring segment, which is expected to grow. We have seen incredible growth since our inception in 2019, and we are thrilled to be adding the venerable Armstrong Flooring brand to our powerful portfolio," Brian Carson, AHF Products CEO and President.
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