Fishman Flooring Solutions has purchased Sobol Salesof Cleveland. Terms of the transaction were not disclosed.
“Our mission now becomes building an even more loyal customer base in Northern Ohio by combining the things that made Sobol successful over the years with Fishman’s complementary product line and our approach to efficiently and effectively managing a flooring product distribution business,” said Bob Wagner, president and CEO of Fishman Flooring Solutions.
TMT America, Inc. (TMT) has acquired a majority interest in HPS North America, Inc. (HPS). With this transaction, HPS becomes an operating subsidiary of TMT. The corporate offices for both TMT America and HPS will remain in Florence, Ala. TMT will provide operational, marketing, and consulting services as well as investments to accelerate HPS’s distribution and brand development growth throughout North America.