Q.E.P. Acquires Mexican Flooring and Tool Manufact
Boca Raton, FL, November 3--Q.E.P. Co., today announced that it has acquired the assets of Roberts Mexicana, S.A. de C.V., a Mexican manufacturer and distributor of flooring and specialty tools to wholesale and retail markets.
Last year, Roberts Mexicana had sales of approximately $1 million. Roberts Mexicana was a licensee of the Roberts brand name in Mexico. This acquisition will allow Q.E.P. Co., Inc. to expand the distribution of its ceramic product line in Mexico.
Q.E.P. Co., Inc., founded in 1979, is a leading manufacturer, marketer and distributor of a broad line of flooring tools and accessories for the home improvement and professional installer markets. Under brand names Q.E.P., Roberts, Q-Set and O'Tool, Q.E.P. markets approximately 3,000 products used primarily for surface preparation and installation of ceramic tile, carpet, vinyl and wood flooring. The Company sells its products to large home improvement retail centers, as well as traditional distribution outlets in 50 states and around the world.
