Dixie, Desso Form JV
The Dixie Group Inc., Chattanooga, Tenn., and Desso Holding BV, the Netherlands, have signed a letter of intent to form a joint venture (JV) in conjunction with Dixie Group’s Masland Contract division. Under the JV, the companies would offer a complete floorcovering selection for the U.S. hospitality market and for global distribution.
In addition, the two companies have signed a conditional agreement under which Dixie will be the exclusive U.S. distributor of certain Desso high-performance carpet tile products.
“Desso and Masland Contract share the same values of producing environmentally responsible flooring products that stand out in their design and functionality,” said Daniel K. Frierson, CEO, Dixie Group.