Q.E.P. Co., Inc. Announces the Acquisition of XPS Foam Limited

 

Boca Raton, FL – June 17, 2016 – Q.E.P. Co., Inc. is pleased to announce the acquisition of XPS Foam Limited, a leading manufacturer of fully recyclable extruded polystyrene underlay solutions, suitable for all types of flooring including solid wood, engineered wood, laminate and LVT.

Q.E.P.’s newest manufacturing facility operates with leading edge technology in extrusion and thermoforming processes. This addition to the QEP portfolio allows us to offer our customers a wider range of professional underlay solutions, along with our already extensive range of installation tools across the flooring and tiling sectors.

“We are very pleased with the acquisition of XPS. It’s an exciting time for QEP as this acquisition further strengthens our manufacturing and supply base. The quality of the underlayment produced will present opportunities throughout the QEP Global Network.” said Leonard Gould, President, Q.E.P. Co., Inc.

Q.E.P. Co., Inc., founded in 1979, is a world class, worldwide provider of innovative, quality and value-driven flooring and industrial solutions. As a leading worldwide manufacturer, marketer and distributor QEP delivers a comprehensive line of hardwood and laminate
flooring, flooring installation tools, adhesives and flooring related products targeted for the professional installer as well as the do-it- yourselfer. In addition the company provides industrial tools with cutting edge technology to all of the industrial trades. Under brand names including QEP®, ROBERTS®, Capitol®, Harris®Wood, Fausfloor®, Homelux®, TileRite®, Nupla®, HISCO®, Ludell®, Vitrex®, Plasplugs®, PRCI®, Porta-Nails®, Tomecanic®, Bénètiere® and Elastiment®, the Company markets over 7,000 products. The Company sells its products to home improvement retail centers, specialty distribution outlets, municipalities and industrial solution providers in 50 states and throughout the world.