Godfrey Hirst Carpets
| Company type | Private company |
|---|---|
| Founded | 1888 |
| Headquarters | Geelong & Melbourne, Australia |
| Products | Godfrey Hirst Feltex Hycraft |
Number of employees | 820 New Zealand 500 Australia (October 2006) |
| Website | Godfrey Hirst website |
Godfrey Hirst Carpets is the largest manufacturer and exporter of residential and commercial carpets in Australasia.[1]
The business was founded in 1888 in Geelong, Victoria, Australia, by Godfrey Hirst, an English immigrant from Meltham, West Yorkshire, England. His Excelsior Mill, on the north bank of the Barwon River, manufactured various wool textiles until it was sold in the 1966, continuing in operation as Godfrey Hirst Carpets.[2] Godfrey Hirst acquired Feltex Carpets as an ongoing concern in 2006.
Godfrey Hirst Carpets has production plants in Victoria, Australia and New Zealand. It also has offices in the United States and Singapore, and exports throughout Southeast Asia, Japan, USA, the Middle East and other world markets.
The company produces several brands of carpet products for residential and commercial markets. It has also expanded into hard flooring, including timber, laminate and other surfaces.[3]
In early 2017, it was reported that the investment bank, Greenhill, was seeking a buyer for the company, which was majority owned by the McKendrick family. The business had $427.8 million annual revenue and earnings worth $55.9 million.[3]
On November 20, 2017, Mohawk Industries, Inc., announced they had "agreed to acquire Godfrey Hirst Group". The transaction is expected to be "completed during the first half of 2018".[4]
Notes
- ^ Underhill, Jonathan. Godfrey Hirst lifts carpet sales 3.5%, profit slips on year-earlier one-time gains. National Business Review, New Zealand, 11 December 2014. Accessed 29 May 2015
- ^ Cope, Graeme. "Hirst, Godfrey (1857–1917)". Australian Dictionary of Biography. Australian National University. Retrieved 18 July 2017.
- ^ a b Thompson, Sarah; Macdonald, Anthony; Moullakis, Joyce (21 February 2017). "Carpet maker Godfrey Hirst on the block; Greenhill on board". Australian Financial Review. Fairfax Media. Retrieved 18 July 2017.
- ^ "News Release - Investor Relations - Mohawk Industries, Inc". phx.corporate-ir.net. Retrieved 6 December 2017.