Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 229

Wynnchurch Capital Merges Indiana Limestone with Polycor

Posted by fidest press agency su sabato, 13 ottobre 2018

Wynnchurch Capital (“Wynnchurch”), a leading middle market private equity firm, announced that its portfolio company Indiana Limestone Holdings Inc. (“Indiana Limestone Company” or the “Company”), North America’s largest producer of natural dimensional limestone and Indiana limestone building products, has merged with Polycor Holding, Inc. (“Polycor”), North America’s largest natural dimensional stone producer.Headquartered in Bloomington, Indiana and founded in 1926 (predecessor firms had been quarrying limestone since the mid-1800s), Indiana Limestone Company is the premier supplier of Indiana limestone building products. This internationally renowned natural dimensional stone, often referred to as America’s Building Stone, is the highest quality quarried limestone in North America and is found on iconic structures including the Empire State Building, National Cathedral, and Rockefeller Center. With more than 4,500 acres of reserves and operating from its seven quarries and two manufacturing plants, Indiana Limestone Company reliably provides the highest quality products and services carefully tailored to the needs of the building and hardscape market with an environmental, natural focus.John Hatherly, Founder and Managing Partner at Wynnchurch, stated, “Indiana Limestone represented an opportunity to rejuvenate a company with a strong brand, broad distribution, and differentiated products. We are very proud and appreciative of the team’s leadership and accomplishments; significant value creation was driven through operational excellence, investment in new products, and an improved go-to-market strategy.”

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