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M&A Deal Summary

KG Stevens Acquires Minnesota Tile and Stone

On January 11, 2023, KG Stevens acquired building materials company Minnesota Tile and Stone

Acquisition Highlights
  • This is KG Stevens’ 1st transaction in the Building Materials sector.
  • This is KG Stevens’ 1st transaction in the United States.
  • This is KG Stevens’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2023-01-11
Target Minnesota Tile and Stone
Sector Building Materials
Buyer(s) KG Stevens
Deal Type Merger

Target

Minnesota Tile and Stone

Lakeville, Minnesota, United States
Minnesota Tile and Stone offers a unique selection of specialized products, including tile, custom fabricated natural stone, quartz, and porcelain countertops, and brick fireplaces to residential and commercial customers. Minnesota Tile and Stone was founded in 1930 and is based in Lakeville, Minnesota.

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Buyer(S) 1

Buyer

KG Stevens

Milwaukee, Wisconsin, United States
Category Company
Founded 1997
Sector Business Services
DESCRIPTION

KG Stevens is a manufacturer, wholesaler, and installer of quartz, stone, solid surface, and porcelain countertops. K.G. Stevens works with dealers, remodelers, builders, architects, and interior designers both in the new build and remodeling segments of commercial and residential end-markets. KG Stevens was founded in 1997 and is based in Milwaukee, Wisconsin.

DEAL STATS #
Overall 1 of 1
Sector: Building Materials M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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