Louisville Tile Distributors Acquires Mid America Tile
LOUISVILLE, Ky. – Louisville Tile Distributors Inc. announces today the acquisition of full interest in Mid America Tile, a Chicago-area wholesale tile distributor and importer. Purchase details weren’t disclosed.
Family-owned and operated since 1961, Mid America Tile is based in Elk Grove Village, Ill. The location will become Louisville Tile’s 13th branch office.
The acquisition includes a recently renovated showroom, office space, and a 71,000 ft² warehouse. The acquisition expands Louisville Tile’s product offering while extending its natural geographic footprint and status as a leading regional distributor in the Midwest United States..
“This acquisition brings tremendous synergies and truly accelerates our growth strategy. With the Chicago acquisition we not only acquire a great legacy organization and industry leader, but we also establish a terrific
logistical hub and facility for future expansion,” said Matthew Saltzman, Louisville Tile CEO. “We are thrilled to welcome the team at Mid America Tile to the Louisville Tile family.”
As a part of the acquisition, Louisville Tile will add 15 FTEs, increasing the Louisville Tile team to over 250 employees with 13 branches in 6 states.
Louisville Tile Distributors Inc, family owned since 1955, provides industry leading state-of-the-art tile and setting material solutions. With 13 branches across six states,the company has been a winner of Best Places to Work for the past 8 years and is a repeat member of the Fast 50.
The company continues to build its reputation within the industry as an innovator with a family culture built on care and support of its employee team. Louisville Tile is highly focused on both organic and acquisitive growth with a strong investment program in people, technology, and processes.