Q.E.P., the corporate arm of brands including QEP, announced it has completed the acquisition of Flooring Trade Supplies (FTS), an accessory distributor in Sydney, New South Wales, Australia.
FTS’ operations will merge with Q.E.P.’s existing Australian Flooring Supplies (AFS) accessory distribution business. FTS’ business includes the distribution of the Holdfast range of adhesives.
Bruce Maclaren, managing director of QEP Australia, commented, “This acquisition will strengthen our Australian Flooring Supplies operations and create a dominant market player in the New South Wales accessory business expanding our AFS trade centers to 16 nationally.”
For more information visit qepcorporate.com.