Mississauga, Ontario, March 26th, 2020 — Comis Group has announced it has successfully raised $2.25 million in debt financing for HardWood Planet, a leading Canadian manufacturer and distributor of flooring products based in Ontario, Canada,
HardWood Planet will use the cash to increase production and expand into several markets in the USA through new distribution partnerships. HardWood Planet’s expansion into the US markets is expected to lead to a ten percent growth in sales over the next fiscal year.
Comis Group is a diversified investment holding company with a focus on sectors in packaging, food and beverage, consumer products and media & entertainment. We focus on value-added and synergistic opportunities, which involve improving the underlying business operations of companies in which we invest. We believe in partnering with management teams to formulate strategies that allow the business to reach its full potential. Our knowledge and competency allow us to create value taking a unique, long-term perspective. Our investment process continually identifies specific companies that we believe have the potential to increase their profit substantially but have underperformed for an extended period of time.
For over fifteen years, HardWood Planet has dedicated itself to providing the finest quality hardwood and laminate at the lowest, factory-direct prices – delivered fast and colors matched to our customers’ requirements. Since we manufacture hardwood flooring we sell, our customers are always guaranteed the best quality, installation, and delivery.
HardWood Planet always looking for new products and explore the world for the best materials and technologies. We manufacture the hardwood flooring our-self and provide our customers with the largest collection of European engineering floors, laminate, and vinyl with modern styles. We have the largest collection of engineered flooring, solid hardwood, laminate, SPC and vinyl.