Floor Focus’ Frank O’Neill and the Week in the Flooring Industry
March 21, 2007—Frank O’Neill, Co-Publisher of Floor Focus Magazine, looks back over the week in the floor covering industry discussing the Kohlberg Kravis Roberts bid for Armstrong, the other private equity firms and companies that are expected to place bids and the possible outcomes if KKR, the owner of a 50% stake in Tarkett, were to succeed in the auction. O'Neill also discusses Pfleiderer reaching nearly 99% of Pergo shares in its tender offer for the company and how this acquisition may change the laminate landscape in North America. Also discussed: Dave Wootton’s pending retirement from Columbia Flooring and the new president, Greg Pray and Clayton, Dubilier & Rice's acquisition of ServiceMaster.
Related Topics:Armstrong Flooring, Tarkett, Mohawk Industries