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- TARGET
- Vitromex
- TRANSACTION TYPE
- Corporate Divestiture
- INDUSTRIES
- Building Products
- 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."
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.
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