New York—The Cosentino Group, a global leader in the production and distribution of natural stone, quartz, recycled and architectural surfaces, has acquired its Canadian distribution partner Maple Terrazzo for $11 million.
The new acquisition demonstrates Cosentino’s onging commitment to international expansion by strengthening both its presence and distribution network in priority markets including Toronto. To date, Cosentino has opened four Cosentino Centers in Canada and invested more than $21 million to support its Canadian expansion. The company currently has more than 100 facilities worldwide.
“Canada plays a key role in our company’s expansion strategy in North America,” said Eduardo Martinez-Cosentino, CEO of Cosentino North America. “Thanks to our facilities in Calgary, Montreal, Vancouver and now Toronto, we are in a position to fully meet the needs of our customers and offer a wider range of products, design tools and expertise in the area.”