Holding Company Acquires Walker Zanger, Opustone
Mosaic Companies has officially acquired Walker Zanger and Opustone, industry-leading distributors of luxury natural and engineered stone slabs and tiles in the North American market.
“With (these) acquisitions, we are bringing together industry expertise and leading luxury brands to support our strategy of growth and diversification across product categories, including specialty and mosaic tiles, floor tiles and slabs, as well as our key channels, including retailers, distribution and luxury showrooms,” says Mosaic CEO, Glen Morrison. “We are creating a business focused on unparalleled customer experiences and market-leading design with omnichannel reach to create a powerhouse in the luxury surfaces industry.”
Walker Zanger is a leading designer of luxury tile and stone surfaces, with broad reach across both the residential and commercial markets. For more than 65 years, it has often been the first to pioneer new materials, styles, innovations and specialty surface products. Rooted in natural stone slab design, the company continues to push the boundaries of possibility, including recent introductions of cutting-edge materials like recycled glass slabs and thinner-than-stone porcelain slabs that emulate natural marble veining.
Founded in 2001, Opustone is considered one of the most sought-after distributors of decorative and ornamental stone in the south Florida region.
Mosaic’s acquisition of Opustone closed this month. The Walker Zanger deal was finalized in January.
Mosaic is a holding company that also includes Surfaces Southeast, a leading manufacturer and distributor of specialty wall and mosaic coverings to the home centre and specialty retail markets.