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Kinstellar advised Mohawk on merger filing in connection with acquisition of Emilceramica
Kinstellar, Kyiv, Ukraine,
Thu, July, 27, 2017
July 2017 – Kinstellar acted for Marazzi Group S.r.l. in connection with obtaining merger control clearances from the Antimonopoly Committee of Ukraine for the acquisition of Emilceramica S.r.l. and Emil Russia LLC. Marazzi Group S.r.l. is a member of Mohawk Group and subsidiary of Mohawk Industries, Inc., a Fortune 500 company. It is a global supplier of a broad range of flooring products, including carpets, rugs, hardwood, laminate, ceramic tiles, stones and vinyl flooring. It also supplies wood-based panels as well as insulation materials. The company is headquartered in Calhoun, Georgia (US), employs around 35,000 people and has its main operations in North America, Europe and Russia. The group's brands are among the most recognized in the industry and include American Olean, Bigelow, Daltile, Durkan, Karastan, IVC, KAI, Lees, Marazzi, Mohawk, Pergo, Unilin and Quick-Step. The transaction will allow Mohawk Group to expand its participation in the high-end ceramic tile market, especially in the north central European region. Emilceramica S.r.l. and Emil Russia LLC are members of EmilGroup, an industrial group with more than 50 years of history, during which it has established itself as a leader in the Italian ceramics industry. The firm's team was led by Managing Associate, Mykyta Nota, with support from Junior Associate, Daryna Ushchapivska, under the supervision of Partner, Kostiantyn Likarchuk. |
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