TorQuest Partners, alongside its co-investors, has successfully merged Polycor, Inc. with Swenson Granite and Rock of Ages to establish a leading entity in the North American natural stone industry.
Target Information
Polycor, Inc. is a prominent natural stone producer headquartered in Quebec, Canada. The company specializes in the extraction, processing, and distribution of high-quality natural stones, which are widely utilized in construction and architectural projects. The recent merger with Swenson Granite and Rock of Ages enhances Polycor's portfolio and market reach, consolidating its position in the North American stone industry.
Swenson Granite and Rock of Ages represent two of the leading granite quarrying and manufacturing operations in the United States. This strategic move allows Polycor to leverage their established manufacturing capabilities and distribution networks, positioning the combined entities for growth in emerging markets.
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Industry Overview in Canada
The natural stone industry in Canada is characterized by its abundant resources and increasing demand for sustainable building materials. With a growing focus on environmental considerations in construction,
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TorQuest Partners
invested in
Polycor, Inc.
in 2016
in a Merger deal