Louisville Tile Acquires American Olean Midwest

LOUISVILLE, Ky. – Louisville Tile acquired American Olean Midwest, an Elk Grove, Ill.=based tile supplier and distributor. Terms of the deal weren’t disclosed.

The move expands Louisville Tile’s service area to nine contiguous Midwest states.

“We could not think of a better partner or more natural fit”, stated Craig Campbell, President of American Olean Midwest. “We wanted to land our employees and customers in the very best hands possible, and with the depth of product and team that Louisville Tile brings to the table, we have done that.”

The acquisition is the second in less than a year for Louisville Tile. It added Mid America Tile last October.

“This acquisition is an exciting development for Louisville Tile as we continue to build on our commitment to delivering superior products and services to our valued customers,” said Matthew Saltzman, CEO of Louisville Tile, of the American Olean Midwest deal. “With this acquisition, we are able to expand into three new markets and consolidate two existing markets.

“With the consolidation of American Olean Midwest’s Chicago and South Bend branches into our existing branches. we have become the de facto market leader in both markets and the dominant player in the Midwest region.”

Louisville Tile will grow by 24 new employees, bringing the total team membership to 290 across the nine states. It now operates 17 branches in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Tennessee and Wisconsin.