M&A Deal Summary

Gesco Acquires Tierra Sol Ceramic Tile

On April 5, 2016, Gesco acquired distribution company Tierra Sol Ceramic Tile

Acquisition Highlights
  • This is Gesco’s 1st transaction in the Distribution sector.
  • This is Gesco’s 1st transaction in Canada.
  • This is Gesco’s 1st transaction in Alberta.

M&A Deal Summary

Date 2016-04-05
Target Tierra Sol Ceramic Tile
Sector Distribution
Buyer(s) Gesco
Deal Type Add-on Acquisition

Target

Tierra Sol Ceramic Tile

Calgary, Alberta, Canada
Tierra Sol Ceramic Tile Ltd. is a major Western Canadian and U.S. Pacific Northwest based ceramics and stone distribution company. It sources globally, while servicing locally, from each of four facilities located in Seattle Washington, Vancouver BC, Calgary and Edmonton AB. Tierra Sol’s customers include those in the retail, commercial and builder related channels.

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Buyer(S) 1

Buyer

Gesco

Brampton, Ontario, Canada

Category Company
Founded 1938
Sector Distribution
DESCRIPTION

Gesco is a provider of proprietary branded products and programs across all flooring categories and geographies, predominantly to the independent retail flooring channel. Gesco was founded in 1938 and is based in Brampton, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1