In a transaction designed to accelerate growth, Michigan-based Scott Group Custom Carpets LLC has acquired Texas-based Hokanson Carpets Inc. The acquisition will allow Scott Group, which focuses on designing and producing luxury carpets and rugs for the private aviation and architectural-design markets, to expand its geographical footprint and to move aggressively into the residential design sector

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TMT America, Inc. (TMT) has acquired a majority interest in HPS North America, Inc. (HPS).

AkzoNobel has received a binding offer for the purchase of its Building Adhesives business by Sika AG for € 260 million.

Arsenal Capital, the primary shareholder of South Bend-based Royal Adhesives & Sealants, announced Wednesday that it has completed the purchase of ADCO Global.
 

Corporate Floors is pleased to announce the acquisition of the commercial assets and talent of Simply Floor It and the addition of William R. Henry.