Jeff Lorberbaum, Mohawk's chairman and chief executive officer, stated, "This acquisition represents the next step in the expansion of Mohawk's global business and will make Mohawk a stronger company. We found Marrazi attractive because of its solid management team and leadership positions in the U.S., Russia and Europe. Marazzi's differentiated products, leading-edge design, efficient manufacturing and exemplary service have created one of the most valued brands in the industry. We have many opportunities to improve results by leveraging best practices, operational expertise, product innovation and manufacturing assets."
Mohawk Industries, Inc. Announces Purchase Of Marazzi Group
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