Virginia Tile Acquires RBC Tile & Stone
Friday, October 14, 2016
Posted by: Rainee Scott
Virginia Tile Co. has purchased RBC Tile & Stone.
Virginia Tile, founded in 1928, is a distributor of ceramic, porcelain, stone and glass tile in the states of Michigan, Ohio, Indiana, Illinois and Wisconsin and serves residential and commercial contractors, dealers and other trade professionals.
Founded in 1959, RBC is a wholesale distributor of tile and stone with six locations serving Minnesota, Wisconsin, North and South Dakota, Iowa, Nebraska, Kansas and Missouri.
“We have known RBC for many years and have worked closely with them to secure a number of commercial projects in out-of-market situations,” said William Stephenson Sr., president and CEO of Virginia Tile. “RBC shares many of the same suppliers as Virginia Tile, including Crossville, Caesar, Atlas Concorde, Florim USA, Anatolia and Walker Zanger. Their 'go-to-market' strategy is very similar to ours with a particular focus on the commercial side of the business. We look forward to building on the tradition of service and quality that RBC has established over the years.”
Brian Mark, owner and president of RBC, said, “We are excited for the opportunities that this merger brings to our business. I will continue to be part of this new entity not only as an equity partner, but also with a leadership role in the combined companies. Our employees are very pleased to continue to be part of an industry leading organization."
The combination of RBC and Virginia Tile, along with Virginia Tile’s acquisition of ISC Surfaces earlier this year, continues a strategy of geographic expansion and creates a dominant market position as the most important supplier of tile, stone and related products in the Midwest. On a combined basis, Virginia Tile, ISC and RBC will service 14 states or almost 30% of the contiguous U.S.
For more information, visit virginiatile.com.