Newsline

Indiana Limestone Co. acquisition completed by Resilience Capital Partners

January 4, 2011
/ Print / Reprints /
ShareMore
/ Text Size+

Resilience Capital Partners, a leading private equity firm, announced the acquisition of Indiana Limestone Co. This transaction is the second acquisition under Resilience’s industrial minerals platform, North Coast Minerals. Indiana Limestone is a complementary business to Victor Oolitic Stone Co., which was acquired by Resilience in November 2009. Like Victor Oolitic, Indiana Limestone has been a leading supplier of Indiana limestone to the dimensional stone marketplace for over 100 years. Its products and services are well-known in the industry for having consistent color, grain structure/size, texture, finish and fabrication capabilities.

“We are excited about this acquisition and both the near- and long-term opportunities it generates when combined with Victor Oolitic. Furthermore, the acquisition of Indiana Limestone is consistent with North Coast Minerals’ strategy of seeking niche industrial minerals companies with a unique reserve capable of supplying a variety of specialty end markets, including energy, environmental, building materials, agricultural and industrial,” said Michael Lundin, Chairman, North Coast Minerals and Operating Partner, Resilience Capital Partners.

“This transaction brings together two leading players in the market place. We look forward to continuing the heritage of these businesses and exploring further growth opportunities in the niche industrial minerals segment,” added Bassem Mansour, Co-CEO, Resilience Capital Partners.

Did you enjoy this article? Click here to subscribe to Stone World 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

November 2013 Stone Products Gallery

Take a look at some of the latest stone industry products.

THE MAGAZINE

Stone World Magazine

April 2014 stone world cover

2014 April

In this month's issue of Stone World, check out an extensive preview of Coverings 2014, which will be celebrating its 25th anniversary in April. Also learn more about various types of limestone that were used to build private residences.

Table Of Contents Subscribe

Contemporary Stone & Tile Design Magazine

CSTD_Spring2014_Cover.jpg

2014 Spring

This issue of Contemporary Stone & Tile Design includes our annual focus on Kitchen and Bath design

Table Of Contents Subscribe

Training Program

How formal is your training program for new employees?
View Results Poll Archive

The Stone World Store

How_To_Polish_&_Restore_Mar.gif
How to Polish & Restore Marble Flooring

This video will show you step-by-step how to resurface and polish marble flooring from grinding and removing lippage and scratches to achieving a highly reflective polish.

More Products

Italian Trade Commission Coverings exhibitor preview

Italian Trade Commission logo 2

The Italian Trade Commission is presenting a large group of the most innovative and internationally renowned Italian suppliers of dimensional natural stones. We hope your busy schedule will allow you to join us for a “genuine” espresso in booth N. 4045 and explore the exciting Italian natural stone resources offered by our exhibitors. Check out Italian stone producers exhibiting at Coverings 2014 here!

  

Stone Industry Education

stone industry educationStone Industry Education is sponsored by Stone World Magazine and Marble Institute of America. The SIE events will help you: strengthen your skills, build your business, and  increase profit in your shop.  Check out stoneindustryeducation.com to register for upcoming fabricator and installer seminars.

STAY CONNECTED

facebook logo Twitter  YouTube