PARIS – Polycor will acquire full ownership of ROCAMAT, France’s leading producer of natural stone. The deal comes five years after Quebec City-based Polycor entered a minority-share partnership with the French stone producer, which owns close to 30 limestone quarries in France, operates four processing plants, and employs nearly 160 people. The acquisition is part of Polycor’s strategy to consolidate its position as an industry leader and strengthen its presence in Europe. Terms of the transaction weren’t disclosed. The deal is subject to various approvals in France.
LAS VEGAS – Five major building/home accessory events here Jan. 31-Feb. 2 drew a remarkable 200,000 attendees. The Kitchen and Bath Industry Show (KBIS) and the International Builders’ Show (IBS) drew almost 110,000 attendees from Jan. 31-Feb. 2 at the Las Vegas Convention Center. Three other events running concurrently – the International Surface Event (TISE), the National Hardware Show and the Las Vegas Winter Market – brought attendance to the 200K level. Attendees could visit all the shows at no charge, making it a one-time mega event.