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You are here:News»B.I.G. acquires Australian B2B flooring wholesaler Signature Floors, strengthening its position in the Australian and New Zealand market
Monday, 03 April 2023 18:04

B.I.G. acquires Australian B2B flooring wholesaler Signature Floors, strengthening its position in the Australian and New Zealand market

B.I.G. acquires Australian B2B flooring wholesaler Signature Floors, strengthening its position in the Australian and New Zealand market. (Photos: © Beaulieu International Group) B.I.G. acquires Australian B2B flooring wholesaler Signature Floors, strengthening its position in the Australian and New Zealand market. (Photos: © Beaulieu International Group)

Waregem, Belgium – April 3, 2023 – With this statement, B.I.G. is pleased to announce that it has signed an agreement with Australian B2B flooring wholesaler to acquire its complete range of activities. Through this acquisition, both companies will strengthen their growth opportunities in both soft, resilient and hard flooring in Australia and New Zealand.

As part of B.I.G.’s corporate strategy, the group is actively investing in strategic business segments and geographies.
CEO Pol Deturck comments: “This acquisition will provide great opportunities for all our stakeholders, especially our customers, suppliers and employees. Both B.I.G. and Signature have solid positions as leaders in the flooring industry and a shared commitment to sustainability, product innovation, design and customer service.”

Signature Floors is an Australian B2B flooring wholesaler serving retailers, commercial contractors, architect-designers and end-users in Australia and New Zealand. Founded in 1989, the company has 120 employees and is owned by 2 family shareholders which are both active in the company. Signature has offices, warehouses and showrooms in Melbourne and Auckland spread over 3 locations.

Signature CEO Richard Braic adds: “Joining B.I.G. is an exciting opportunity for Signature Floors. With their global resources to support us, we will continue to create sustainable and innovative products tailored to the needs of our local market. We look forward to seeing how our synergies can drive future growth.”
Together, B.I.G. and Signature will integrate their sales and business activities over the coming months, ensuring business continuity for customers, partners, suppliers and employees.

Both companies expect to close the transaction at the end of April 2023. No financial details will be disclosed.

About B.I.G.
Beaulieu International Group (B.I.G.) is a worldwide specialist in flooring and material solutions. Headquartered in Belgium, B.I.G. employs over 4.600 people worldwide in 19 countries throughout Eurasia, America and Oceania and serves customers in 150 countries. In 2021, B.I.G. reported sales of €2.5 billion. At B.I.G., people work purposefully to build the future. B.I.G.’s sense of entrepreneurship and ambition enables the group to continue to grow sustainably together with employees, customers, suppliers, shareholders and the society in which B.I.G. operates.

About Signature
Signature Floors is a leading provider of high-quality flooring solutions in Australia and New Zealand, with over 30 years of experience in the industry. We specialise in a wide range of flooring products, including Residential, Commercial and Woven Carpet, Carpet Tiles, Needlepunch, LVT, Hybrid, Timber and Cushion Vinyl. Our products are suitable for both residential and commercial spaces. Our experienced team are dedicated to providing exceptional service and support to help our customers’ meet their specific needs.

At Signature Floors, we are committed to innovation and excellence, and we work closely with our clients to ensure that every project is completed to the highest standards. Whether you're renovating your home or building a new commercial space, Signature Floors has the expertise and products to help you achieve your vision. Visit our website at www.signaturefloors.com.au to learn more about our flooring solutions and to view our extensive range of products. You can also follow us on Facebook, Instagram, and LinkedIn for the latest news and updates.”