M&A Deal Summary

Polycor Acquires Elliott Stone

On October 1, 2019, Polycor acquired building materials company Elliott Stone

Acquisition Highlights
  • This is Polycor’s 4th transaction in the Building Materials sector.
  • This is Polycor’s 4th transaction in the United States.
  • This is Polycor’s 2nd transaction in Indiana.

M&A Deal Summary
Date 2019-10-01
Target Elliott Stone
Sector Building Materials
Buyer(s) Polycor
Deal Type Add-on Acquisition

Target

Elliott Stone

Bedford, Indiana, United States
Elliott Stone Co., Inc. is a quarrier and fabricator of Indiana limestone. Elliott Stone develops new quarrying processes, finishing techniques and machinery of our own design for the purpose of providing customers with quick delivery, excellent products, and the finest quality stone available. Elliott Stone Co., Inc. was founded in 1957 and is based in Bedford, Indiana.

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Buyer(S) 1

Buyer

Polycor

Quebec, Quebec, Canada
Category Company
Founded 1987
Sector Building Materials
Employees1,300
DESCRIPTION

Polycor is a dimensional stone company in North America, operating a network of quarries, manufacturing facilities, and retail stores. Polycor crafts custom stone blocks, slabs, tiles, mosaics, architectural stone, curbs, and landscaping products sold to diverse end markets. Polycor was founded in 1987 and is based in Quebec City.

DEAL STATS #
Overall 4 of 5
Sector (Building Materials) 4 of 5
Type (Add-on Acquisition) 2 of 3
State (Indiana) 2 of 2
Country (United States) 4 of 5
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-11 Indiana Limestone

Bloomington, Indiana, United States

Indiana Limestone is a producer of limestone building products and materials. Indiana Limestone’s products are chosen by owners and designers of commercial, institutional and residential buildings ranging from classical to high-tech in architecture and performance. Indiana Limestone was founded in 1926 and is based in Bloomington, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 North Carolina Granite

Mount Airy, North Carolina, United States

North Carolina Granite Corp. is a quarrier and producer of granite for the construction, curbing, and aggregate industries. North Carolina Granite was founded in 1889 and is based in Mount Airy, North Carolina.

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