Dalton, Ga. (Sept. 20, 2017) – Engineered Floors, LLC has reached a letter of intent agreement in principle to purchase substantially all of the operating assets of Beaulieu Group, LLC. The transaction will be contingent upon approvals through the bankruptcy court and due diligence processes. Pending governmental approvals, the transaction is expected to close in the fourth quarter of 2017.
About Engineered Floors
Engineered Floors, LLC is a privately held carpet producer founded by Robert E. Shaw in 2009 and based in Dalton, Ga., with facilities in Calhoun and Dalton, Ga. Engineered Floors employs 3,000 people. The company produces stain-resistant and colorfast PureColor® next- generation solution dyed polyester and nylon fiber carpets under the brands Dream Weaver® for residential replacement, Dwellings® for new home construction, Engineered Floors Multifamily, and Pentz Commercial Flooring Solutions™ for Main Street. To learn more visit, https://www.engineeredfloorsllc.com/.
Contacts
Rountree Group
Don Rountree, 770-645-4545
don@rountreegroup.com