Beaulieu International Group’s subsidiary, New Congol LLC, has reached a definitive agreement to acquire Congoleum Flooring’s operations and most of its assets. Congoleum, a U.S.-based manufacturer of resilient flooring products, will continue its brand under the new ownership while benefiting from Beaulieu’s global resources. The agreement represents a strategic move to strengthen Congoleum’s market position and secure its brand for long-term growth. The transaction includes Congoleum’s intellectual property, manufacturing facilities, and product portfolios, with both parties working toward a smooth transition under customary closing conditions. Chris O’Connor, CEO of ...