M&A Deal Summary

Nemo Tile + Stone Acquires Tile Market of Delaware

On June 1, 2022, Nemo Tile + Stone acquired distribution company Tile Market of Delaware

Acquisition Highlights
  • This is Nemo Tile + Stone’s 1st transaction in the Distribution sector.
  • This is Nemo Tile + Stone’s 1st transaction in the United States.
  • This is Nemo Tile + Stone’s 1st transaction in Delaware.

M&A Deal Summary

Date 2022-06-01
Target Tile Market of Delaware
Sector Distribution
Buyer(s) Nemo Tile + Stone
Deal Type Add-on Acquisition

Target

Tile Market of Delaware

Wilmington, Delaware, United States
Tile Market of Delaware is a tile and stone distributor to retail and wholesale channels in the greater Delaware market. The Company offers a full suite of premium tile under its own proprietary brands and a full-service, fabricated stone solution to consumers, contractors, and builders. Tile Market of Delaware was founded in 1996 and is based in Wilmington, Delaware.

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Buyer(S) 1

Buyer

Nemo Tile + Stone

New York, New York, United States

Category Company
Founded 1921
Sector Building Materials
DESCRIPTION

Nemo Tile + Stone is a distributor of tile, stone, and setting materials utilized in commercial and residential construction applications. The Company designs and markets tile and stone products, primarily under its own brand, to the architecture and design, contractor, and retail channels. Nemo Tile + Stone was founded in 1921 and headquartered in New York City.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1