The Dixie Group has completed the previously announced acquisition of Atlas Carpet Mills, a manufacturer and marketer of commercial floorcovering products located in Los Angeles.
The acquisition was completed for an aggregate purchase price of approximately $17.5 million, which included assumption of certain outstanding purchase orders of Atlas, the payoff of existing debt, and a cash payment.
Source:
http://www.floortrendsmag.com/articles/96970-dixie-group-completes-175-mil-acquisition-of-atlas