• In November 2022, Eliane Revestimentos, a wholly owned subsidiary of Mohawk Industries (NYSE:MHK), announced the acquisition of Elizabeth Revestimentos

– The transaction will create the largest ceramic tiles group in Brazil, the second largest ceramic market in the world

– Elizabeth's advanced ceramic manufacturing assets should improve Eliane's product offering as well as increase its operational efficiency and service capacity

• Founded in 1984, Elizabeth has 4 production units in the Northeast and South regions of Brazil. The company produces ceramic floors and tiles, which are mainly sold to retailers, in home centers and to construction companies

• Founded in 1960, Eliane is one of the main producers of ceramic tiles in Brazil, with 6 productions units that manufacture +40 million m2 of tiles per year. The company has been a wholly owned subsidiary of Mohawk since its acquisition in 2018

• Mohawk Industries (NYSE:MHK) is the global leader in flooring manufacturing, with a portfolio of brands that include American Olean, Daltile, Durkan, Eliane, Felte and Godfrey Hirst