Flooring distributor Haines acquires Allied Products of Baltimore
Haines, a national floor covering distributor based in Glen Burnie, said Thursday it has acquired Allied Products of Baltimore, a 72-year-old flooring supplies distributor.
The 138-year-old, privately held Haines, which calls itself the nation's largest flooring distributor for commercial and residential properties, did not disclose financial terms of the deal. The sale was finalized on Tuesday.
Allied has 40 employees and annual sales of more than $10 million. Haines plans to hire all Allied workers and keep Allied's 11 locations in Maryland, Pennsylvania, Virginia and North Carolina open. Allied also operates in Washington D.C., Delaware and parts of New Jersey and West Virginia. Read the whole story at www.baltimoresun.com.