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Mohawk Industries Set to Acquire Bremworth for Growth

10/8/2025

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Summary

Story summary

Mohawk Industries plans to acquire Bremworth through a scheme implementation agreement with Floorscape Limited.
The deal values Bremworth shares at $1.05-$1.15 plus a $21-$28 million capital return.
Bremworth chair Rob Hewett says the arrangement will benefit New Zealand manufacturing and wool growers.
The acquisition aims to boost competitiveness against imports and expand Bremworth's reach, despite 2025 challenges.

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Story summary

Mohawk Industries plans to acquire Bremworth through a scheme implementation agreement with Floorscape Limited.
The deal values Bremworth shares at $1.05-$1.15 plus a $21-$28 million capital return.
Bremworth chair Rob Hewett says the arrangement will benefit New Zealand manufacturing and wool growers.
The acquisition aims to boost competitiveness against imports and expand Bremworth's reach, despite 2025 challenges.