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Cosentino Group Buys its Canadian Distributor, Plans additional Canadian Investment

The Cosentino Group has acquired its Canadian distribution partner Maple Terrazzo Inc., just outside of Toronto, for $11 million. According to the company, the acquisition demonstrates its commitment to international expansion by strengthening both its presence and distribution network in priority markets, including Toronto. To date, Cosentino has opened four Cosentino Centers in Canada and invested more than $21 million. Since 2014, the company has opened Centers in Calgary, Vancouver and Montreal. These Centers include functional warehouses, as well as brand and product showrooms supported by sales teams. The company will reportedly continue to increase its commitment to Canada with new investments and facilities, including a second Cosentino Center scheduled to open in 2016 in Montreal.