Polycor Completes ROCAMAT Acquisition
PARIS –– Polycor Group’s acquisition of ROCAMAT is now complete.
The uniting of North America’s largest stone quarrier/processor and the French stone producer became final on Sept. 6, according to a Polycor statement. The deal was first announced in late February, but needed to clear government and labor approvals in France.
Polycor became a minority shareholder of ROCAMAT in 2018, assuming control of operations of five quarries in the French regions (or départments) of Burgundy and Gard.
“We are delighted to welcome ROCAMAT into the Polycor family. They are an esteemed flagship of our industry whose stones grace some of the most prestigious buildings in the world,” said Patrick Perus, president/CEO of the Québec City-based Polycor Group. “Acquiring ROCAMAT not only allows us to inherit the exceptional expertise and know-how of its employees but also bolsters our mission of restoring natural stone to its former glory, which is the driving force behind everything we do.”
Founded in 1853, ROCAMAT specializes in extracting and transforming French limestone for major construction companies, public works, historical monuments, architects, and other key players in the stone industry. ROCAMAT operates approximately 30 quarries in France, four plants, and an exceptional team of nearly 160 employees.
Through this acquisition, and in line with its vision for a sustainable future in construction materials, Polycor will also work with the French group Verrecchia. With over 30 years of expertise in new cut stone construction, Verrecchia has established itself as a prominent developer, committed to becoming an expert in environmentally friendly, mixed-use construction projects.
“The buildings of the future demand a departure from short-lived and environmentally harmful materials, prioritizing the longevity of infrastructures,” added Patrick Perus. “Natural stone, owing to its exceptional durability and low carbon footprint, rightfully emerges as a central component in eco-conscious and sustainable construction – an area where Verrecchia has already established a strong presence.”
With over 80 quarries and 24 transformation plants, Polycor Group is positioned as the leading quarrier of dimensional natural stones worldwide. Founded in 1987 in Québec City, the company – with its team of nearly 1,500 dedicated professionals – takes pride in its rich heritage of stone craftsmanship showcased in numerous historical landmarks, and commercial, institutional, and residential projects.
