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GIS Sold Vitromex to Mohawk Industries

Case at a glance

TARGET
Vitromex
TRANSACTION TYPE
Corporate Divestiture
GEOGRAPHY
Saltillo, Mexico

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.