Home Latest News Belknap-Haines Purchases Assets of STC, Formerly Swiff-Train
Home Latest News Belknap-Haines Purchases Assets of STC, Formerly Swiff-Train

Belknap-Haines Purchases Assets of STC, Formerly Swiff-Train

Belknap-Haines announced it has purchased the assets of STC (formerly Swiff-Train), adding several distribution facilities throughout Texas and an experienced sales team that services Texas, Oklahoma, Louisiana, Colorado, Arkansas, Mississippi and Florida.

STC primarily sells private label product which Belknap-Haines plans to grow, while adding other branded products to the STC portfolio. STC will operate as a separate division of Belknap-Haines with their current executive and management teams in place, according to the company. Financial terms of the deal were not disclosed.

According to Paul Castagliuolo, president of Belknap-Haines, “This transaction is another example of the Mancini family investing for the long-term in the flooring distribution business. Recently we expanded into Ohio, Indiana and Kentucky. We are excited to continue our expansion into the Texas and Gulf Coast market through our transaction with STC.”

Ray Mancini Jr., Belknap-Haines CEO, commented, “While we continue to grow, our focus is to provide the very best service and products to our entire customer base. Our goal is to be the best flooring distributor in the U.S. as measured by our customers and vendor partners.”

According to STC President Shane Calloway, “We are excited to be part of the Belknap-Haines family. With the financial strength they bring to the table, we believe this will allow STC to introduce new products and grow into new markets”

For more information, visit www.BelknapWhite.com and www.jjhaines.com.

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