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CASE STUDY: VITROMEX

GIS Sold Vitromex to Mohawk Industries

GIS Sold Vitromex to Mohawk Industries

Case Study: Beijer Ref

GIS has sold VITROMEX to Mohawk Industries

TARGET

Vitromex

INDUSTRIES

Building Products

TRANSACTION TYPE

Corporate Divestiture

GEOGRAPHY

Saltillo, Mexico

SIZE

US$293 Million

SITUATION

Seale & Associates was retained by Grupo Industrial Saltillo to advise on the divestiture of Vitromex, a leading Mexican manufacturer of ceramic and porcelain floor and wall tiles, to Mohawk Industries, Inc.

OUTCOME

Seale & Associates facilitated an exclusive, preferred sale process between Vitromex and Mohawk Industries, ensuring a smooth transaction with a buyer that demonstrated strong strategic alignment. Seale managed the process effectively, allowing Mohawk to strengthen its market position in Mexico.

The successful divestiture of Vitromex to Mohawk Industries, a global leader in flooring solutions, was completed with a transaction value of US$293 million.

The team’s professionalism, integrity and dedication to the project were key for taking care of all the important details involved in a transaction

"Seale & Associates was instrumental in helping us reach a successful agreement for GIS. The team’s professionalism, integrity and dedication to the project were key for taking care of all the important details involved in a transaction."

Armando Chapa
Corporate Development Director of GIS

Are you exploring the sale of your company or divesting a non-core business from your portfolio?

Seale & Associates offers trusted advisory services for both private business owners and multinational corporations. Contact us today to learn how we can guide you through the complexities of a sale process and help you to evaluate the full range of strategic alternatives for your business.