Beaulieu International Group (B.I.G.) has signed an agreement with the Australian B2B flooring wholesaler, Signature Floors, to acquire its complete range of activities. Through this acquisition, both companies will strengthen their growth opportunities in both soft, resilient and hard flooring in Australia and New Zealand.
As part of B.I.G.’s corporate strategy, the group is actively investing in strategic business segments and geographies. Both companies expect to close the transaction at the end of April 2023. No financial details will be disclosed.
CEO Pol Deturck comments: “This acquisition will provide great opportunities for all our stakeholders, especially our customers, suppliers and employees. Both B.I.G. and Signature have solid positions as leaders in the flooring industry and a shared commitment to sustainability, product innovation, design and customer service.”
Together, B.I.G. and Signature will integrate their sales and business activities over the coming months, ensuring business continuity for customers, partners, suppliers and employees.
Beaulieu International Group (B.I.G.) is a worldwide specialist in flooring and material solutions.
Signature Floors is a leading provider of high-quality flooring solutions in Australia and New Zealand.
