rss icon

Monday, 13 February 2017 12:35

Scott Group acquires rival Grand Rapids-based luxury carpet maker

Written by  MiBiz Staff
Rate this item
(2 votes)

GRAND RAPIDS — High-end luxury carpet manufacturer Scott Group Custom Carpets LLC has acquired cross-town rival PWV Studios Ltd.

Formed in 1983 by Paul and Carol V’Soske, PWV Studios makes luxury carpets for business aviation, commercial and high-end residential markets, according to statement.

The acquisition will allow the Scott Group, also headquartered in Grand Rapids, to expand its product line into the business aviation market and offer additional textures and patterns.  

“Paul has developed his signature techniques over the last 40-plus years to create interesting designs in the simplest way possible,” Scott Group COO Timothy Hill said in a statement. “His minimalist approach has created some of the most innovative and elegant textures seen in the carpet industry. … We are excited to bring the PWV brand into Scott Group Studio, offering beautiful handmade textures in as little as one to three weeks.”

Terms of the deal were not disclosed.

Read 1280 times

Breaking News

November 2017
S M T W T F S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Follow MiBiz