Somerset Hardwood Flooring Acquired by Swiss Firm Bauwerk

St. Margrethen, Switzerland—Switzerland-based Bauwerk Group AG has acquired Somerset Hardwood Flooring. Somerset Hardwood Flooring, with a reported $163 million in revenue, is a vertically integrated forest products company based in Somerset, KY. Globally, Bauwerk employs 1,600 and reports annual sales of $300 million. The group has production sites in Switzerland, Lithuania, and Croatia. The combined […]