The Dixie Group has signed a letter of intent to acquire privately held, high-end carpet and rug maker Fabrica International and its interest in Chroma Systems Partners’ dyeing and finishing operations. The Dixie Group said it anticipates closing the transaction before the end of June.
Santa Ana, CA-based Fabrica, with estimated 2000 sales in excess of $50 million, manufactures and sells high-end luxury carpet and rugs to carpet retailers, interior designers, luxury yacht makers, furniture stores and other markets.
