Beaulieu International Group to acquire Beaulieu Canada and Beaulieu Australia

July 04, 2018
Source:
Beaulieu/Fordaq
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Beaulieu International Group (B.I.G.) announces the acquisition of two privately-owned companies, Beaulieu Canada and Beaulieu Australia, which will be integrated into its Flooring Solutions business unit. The transactions closed end of June.

Beaulieu Canada and Beaulieu Australia are flooring manufacturers with well-established positions in their respective home markets. They have a combined turnover of more than €150 million.

The acquisitions represent important steps in B.I.G.’s ongoing international growth strategy resulting in a more than €2 billion Group of which €1 billion is in the flooring business.

Both Beaulieu Canada and Beaulieu Australia will benefit from the size and scale of an international player with global resources in order to further strengthen their ambitions and growth plans.

The individual company names, product ranges and brands will continue to be used by the acquired companies.

With the addition of the two companies, B.I.G. will have more than 5,000 employees worldwide.