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Article: Polycor merges with Rocamat, French limestone producer ...(NEWSLINE)
- Article from:
- Stone World
- Article date:
- September 1, 2007
CopyrightCOPYRIGHT 2007 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Polycor Inc., the Quebec, Canada-based group that serves the dimensional stone market has joined Rocamat S.A., a stone producer based in France. The transaction takes the form of a contribution to Rocamat S.A. of all the issued shares of Polycor Inc. The new group will include more than 1,000 employees, and its sales will exceed $180 million.
Management remains the same, and no reduction in the number of employees is planned at Polycor or at Rocamat. Both companies will continue to operate under their respective names. Management also reported that existing business relationships as well as customer service will not be affected by this transaction.
"This ...
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