Q.E.P. Co. Inc. Announces Partnership/Distribution Agreement with Congoleum Corporation

Q.E.P. Co., Inc. (QEPC) announced that it has signed a Partnership/Distribution Agreement with the Congoleum Corporation, effective January 1, 2019.

Q.E.P. will continue to be the distributor and representative for Congoleum in Canada, through its recent business acquisition of Kraus Floors. The agreement expands the territory coverage to include most of the western portion of the United States on an exclusive basis. QEP/Kraus will represent all Congoleum flooring products, including the introduction of their new flooring product called ā€œCleo.ā€

Shawn Davies, President and CEO of Kraus said, ā€œWe have enjoyed a long and mutually beneficial relationship with Congoleum in Canada for over 30 years. Our team is energized by the opportunity to expand our partnership and represent what we have long known to be the best resilient products in the industry.ā€

Congoleum Chief Executive Officer, Chris Oā€™Connor added, ā€œWe truly value our long-standing relationships and couldnā€™t be more excited for this opportunity to grow the western region with Kraus. We are confident that the region offers a nearly untapped opportunity that will result in incredible benefits for both companies.ā€ Oā€™Connor added, ā€œThis is an incredibly exciting time for our company, our distribution partners and our retailers.ā€

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