Posted September 12, 2018

Q.E.P. to acquire Kraus Group assets

Carpet and flooring manufacturer has offices in Canada and Seattle.

Q.E.P. Co., Inc. announces that it has agreed to acquire certain assets of Kraus Group, a leading North American distributor of various hard surface flooring, carpet tiles and related accessories. Kraus will operate as a business unit of Q.E.P. Co., Inc. The deal is expected to be complete in early October 2018.

Q.E.P. Co., Inc., founded in 1979, is a world class, worldwide provider of innovative, quality and value-driven flooring and industrial solutions. As a leading worldwide manufacturer, marketer and distributor, QEP delivers a comprehensive line of hardwood and laminate flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it-yourselfer. In addition, the Company provides industrial tools with cutting edge technology to all of the industrial trades.