CROSSVILLE, Tenn. - Officials with Crossville, Inc., a wholly-owned subsidiary of the Curran Group, have announced the company’s acquisition of substantially all assets belonging to CAPCO Tile & Stone, LLC., a distribution business headquartered in Denver, Colorado. With multiple locations throughout Colorado and one showroom in Las Vegas, Nevada, CAPCO will join Crossville's existing company-owned distribution arm, Crossville Tile & Stone (CT&S), which has a presence throughout parts of the southeast U.S., Oklahoma, and Texas.
According to Tim Curran, co-president of the Curran Group, this acquisition comes as a result of a unique convergence of factors that resulted in a strong opportunity for both Crossville and CAPCO.
“We’ve built our nearly 30-year old business on an immovable commitment and loyalty to our distributors, who are truly our partners in the marketplace,” Curran explains. “That’s why we have never actively sought to acquire distributorships, but, instead, have been open to opportunities as they have naturally arisen and proved to be beneficial for our business and brand long term. The addition of CAPCO to our CT&S family puts all entities in a position of strength going forward.”
The acquisition of CAPCO is effectively immediately.
About Crossville, Inc.
Founded in 1986, Crossville Inc. is a U.S.-owned and operated manufacturer of award-winning tile collections for residential and contract applications. Its headquarters and manufacturing facilities are located in Crossville, Tennessee.
Crossville, Inc. is a wholly owned subsidiary of Curran Group, a privately held holding company renowned for its core values of family, respect, partnership, integrity, and improvement.
An industry innovator, Crossville is the first U.S. tile manufacturer to achieve the following:
– produce large format tile on site,
– manufacture tile with certified recycled content,
– develop the Tile Take-Back® Program for recycling fired porcelain tile,
– achieve certification of its waste recycling programs,
– achieve TCNA’s Green Squared certification for all of its U.S.-produced tile lines,
– distribute a complete line of large format, thin porcelain panels (Laminam by Crossville), and
– become a net consumer of waste.
For more information on Crossville, visit crossvilleinc.com.