SADDLE BROOK, NJ — January 8, 2015 – Nourison today announced that they are acquiring Hagaman Carpet, a carpet manufacturer specializing in high quality, wool floor coverings. The acquisition is expected to be completed by first quarter 2015.
The purchase of Hagaman Carpet, based in Ft. Oglethorpe, Georgia, gives Nourison its first manufacturing base in the U.S. and enhances its machine tufting capability. “Hagaman’s specialized tufting equipment is well suited for making luxury wool carpet. It will allow us to create products and programs to complement Nourison’s existing lines, as well as expand and enhance the well-respected Hagaman brand in the upscale carpet market,” said Alex Peykar, Principal, Nourison.
“Hagaman is known for the beautiful, unique wool carpet they manufacture. We have long been fully vertical and innovative overseas and we look forward to the opportunity to produce and develop high quality products right here in North Georgia,” said Andrew Peykar, COO, Nourison.
Nourison will continue to manufacture products under Hagaman Carpet, adding this brand to its existing broadloom product portfolio, which currently includes Nourison Carpet, Nourtex Carpet and Nourison Hospitality. Hagaman Carpet, a division of Nourison, will operate as a wholly owned subsidiary of Nourison. The Hagaman product line will have a dedicated sales force reporting to Don Karlin, Director of Broadloom Sales. Gerard O’Keefe, Vice President of Sales for Nourison will oversee the Hagaman division. Hagaman Carpet will be showing at The International Surfaces Event in booth no S6212.
About Nourison
Nourison is a leading global floor covering company that produces extensive collections of virtually every category of rugs and high-end carpets. A fully vertically integrated company, Nourison oversees almost every aspect of the manufacturing process from wool spinning to dyeing, weaving and finishing. Supported by an unparalleled dealer system, Nourison has become the leading multi-product resource in the floor covering industry in the United States and Europe. Nourison was founded in 1980 by the Peykar brothers in New York and still remains a family-owned company. For further details, visit www.nourison.com.
About Hagaman Carpet
Hagaman Carpet is a leader in offering modern, unique and classic designs through applied patterns and expertly tufted wool carpet, while maintaining quality and competitive pricing. They have been producing carpet in the U.S. for over 30 years.
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