Monday, May 14, 2012
TW Flooring Group Acquires EcoTimber, Inks Deal With Dasso
TW Flooring Group (Pennsauken, N.J.), formerly Tesoro Woods, has acquired the brand-related assets of EcoTimber Inc. (Denver), and it has been named the exclusive importer of bamboo products made by Dasso Group (Hangzhou City, China).
Terms of the purchase of EcoTimber were not disclosed.
The relationship between EcoTimber and TW Flooring Group's CEO William Jopling go back to when EcoTimber was formed in 1992. Then, Jopling's International Wood Flooring company supplied EcoTimber with commercial flooring. Later on, Jopling's Wood Flooring International supplied EcoTimber with residential hand-scraped products. Also, Jopling and EcoTimber served as early members of the Vermont-based Woodworkers Alliance for Rainforest Protection.
"We have a long history through a lot of companies," Jopling said.
Jopling has garnered the support of EcoTimber's original founders—Jason Grant and Aaron Maizlish, who both left the company to pursue other ventures—to take EcoTimber forward. "No one is better positioned than Bill Jopling and TW Flooring Group when it comes to servicing the green wood and bamboo flooring needs of EcoTimber’s dealer base and A&D clientele," Grant said in a statement from TW Flooring Group.
"Bill Jopling was perhaps the first person in the mainstream flooring industry to truly embrace sustainable forestry and environmental marketing," Maizlish said.
Dasso, which makes strand-woven and pressed bamboo products, is a major player in China's bamboo products industry; the company boasts 10 manufacturing sites and more than 1,000 employees, according to a release from TW Flooring Group. Jopling said Dasso has global sales offices in the Netherlands, Hungary, China and Singapore, and it has long served as a supplier for American companies such as Mannington, Anderson, Wood Flooring International and other well-known brands, including EcoTimber. Dasso's wood products were not part of the deal.
Moving forward, EcoTimber’s wood products will be grouped under TW Flooring's Tesoro Woods banner, and all of EcoTimber’s bamboo products will be grouped under the Dasso banner.