Friday, October 21, 2016

Amorim Flooring Investments signs agreement to sell its 25% in the US Floors – Daily Digital

In a statement sent to comissão do mercado de Valores Mobiliários (CMVM), Corticeira Amorim, that does not disclose the value of the business, says to expect that “the transaction will be realised in the fourth quarter of the current year, subject to customary conditions of closing and obtaining legal approvals”

The Amorim Flooring Investments acquired in December 2008, its participation in US Floors, a company that claims to be a leader in the innovation and promotion of coatings, composite wood and plastic — sold under the brand name Coretec — intended for the segment of coatings, vinyl as well as cork, bamboo and wood.

Money Digital / Lusa


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