Buffett firm buys Sanquhar Tile Services of Borders

Shaw Industries Group, the largest carpet tile manufacturer in North America and a subsidiary of Warren Buffett’s Berkshire Hathaway, has acquired Sanquhar Tile Services (STS) of the Scottish Borders.

Frank Williamson, managing director at STS, said: “Shaw’s continued investment in STS will ensure that we are poised to advance our position in the market and to provide our people with rewarding careers as we focus even more heavily on advanced manufacturing techniques that allow us to best meet current and future customer needs.”

Vance Bell, chairman and CEO of Shaw, said: “This acquisition positions Shaw as a global carpet tile provider.

“STS will be an important part of our commercial business, and we will make substantial capital investments to enhance and modernize their operations.

“We’re proud to count STS associates among the 22,000 individuals at Shaw who are working to create a better future for our customers, our communities, our company and each other.”