Tesoro Acquires Commercial Flooring Firm

New Canaan, CT, April 24, 2012 -- Tesoro Enterprises said it has reached agreement to acquire the operations of a regional commercial sales and installation flooring company and absorb it into its subsidiary Fashion Floor Covering & Tile.

Tesoro CEO Henry J. Boucher said that the absorption of a commercially focused operation should have a positive impact on net sales and profitability.

The firm to be merged was not identified by Tesoro.