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Showing results for Mullican Flooring LP
...Victoria’s PR nightmare An auditor’s warning on the carpet maker’s troubling subsidiary Hanover Flooring has cast scrutiny on its director Batash Karim and his criminal record, Alphaville reports....
...In January KKR agreed to sell its minority stake in Sweden’s Valinge in a transaction that gave the flooring specialist an enterprise value of more than $1bn, or 16 times ebitda....
...Flooring specialist Carpetright says profits for the next six months are likely to be “at the bottom end of market expectations” as it grapples with fragile consumer confidence and hiccups in its beds range...
...Valinge, which develops flooring technology to easily assemble floors and flat-pack furniture, has roughly 1,800 patents and it is waiting for approval of 10,000 more....
...Carpetright shares have fallen 15 per cent since its January trading update, as the retailer best known for its discount carpets has sought to move in to upmarket hard-flooring....
...The revival of European flotations continued with Tarkett, the French supplier of flooring products, announcing on Monday that it will be listed on the NYSE Euronext Paris exchange....
...The group makes one-third of its revenue in the US, where it competes with Mohawk Industries, Armstrong and Interface, three other makers of flooring for residential and commercial applications....
...First up, a fascinating story from the WSJ: Among the few business owners lured to a development park in Tieling New City is Bo Yuquan, the middle-aged owner of a flooring store....
...KKR came across the URSA subsidiary of Uralita, which makes insulation, through an investment in a French flooring company that does business with the Spanish company....
...Dutfield, managing director, on Tuesday threw in the towel after several years struggling against rising commodity prices, the squeeze on consumer spending and the prevailing fashion for other types of flooring...
...If successful, the offer would end up with Wendel holding a 90 per cent stake in Stahl, which has been hit hard by falling demand for its products used in the auto, furniture, flooring and shoe industries...
...use less expensive ironmongery on an antique dresser, for example – because “you still have the quality of the piece and can upgrade the handles at a later date” – or choose less expensive timbers for flooring...
...Carpetright’s protracted management buy-out fell apart on Friday after Royal Bank of Scotland decided the £850m valuation set by Lord Harris, founder of the floorings retailer, was too high....
...Other leveraged loans trading at a discount include Crest Nicholson, the UK house-builder owned by HBOS and Sir Tom Hunter; and Nybron Flooring, the Swiss maker of parquet floors bought by Vestar, which...
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