The Recreational Group Acquires Swisstrax and Speedway Tile
Dalton, GA, December 17, 2019-The Recreational Group, a provider of residential and commercial surfacing products, has acquired Swisstrax, a purveyor of plastic modular tiles used as floorcovering in garages, hangars and event spaces.
CEO Randy Nelson started Swisstrax more than 20 years ago, directing the development of the modular flooring line in Switzerland. The company is now based in California.
In a separate deal, The Recreational Group also acquired Speedway Tile. Developed in 2014 as a high-quality, cost-effective, U.S.-made alternative to the leading brands of interlocking garage floor tile, Speedway Tile features a patented six-point locking mechanism and innovative Speedgrid Support System. Since the purchase, The Recreational Group re-engineered the surface profile of the tile, which now showcases a diamond plate pattern and is available with Scuff Resistant Technology.
The acquisitions expand The Recreational Group's product offering in the recreational plastic surfacing market beyond their current VersaCourt and IceCourt product lines. Swisstrax and Speedway Tile are the third and fourth tile acquisitions for The Recreational Group, growing the family of brands to 15.
The Recreational Group will bring a majority of Swisstrax's production in-house, yielding manufacturing-related synergies.