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.
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