Olympia Tile+Stone Inc. is a prominent player in the ceramic tile industry, with a rich history dating back to 1927. The company's growth trajectory has been marked by strategic acquisitions and expansions, including the merger with Montreal Floor and Wall Tile in the late 1950s and the acquisition of Flextile Limited in 1980. Olympia's proactive approach led to the establishment of branches in 11 major cities in Canada and multiple locations in the United States, reinforcing its status as an international industry leader. Amidst these expansions, Olympia also reinforced its importation business, positioning itself as the exclusive distributor for over 75 foreign manufacturers on 5 continents, making it the largest importer of tile in Canada and a major supplier in the United States. The acquisition of Flextile Limited, a manufacturer of vinyl composite tile, added a new dimension to the company's product portfolio, further solidifying its presence in the market. Olympia's track record of sustained growth and diversification, coupled with its extensive network of international partnerships, makes it a compelling prospect for potential investors. As the company continues to strengthen its position in the industry, it presents an attractive opportunity for venture capital firms seeking investment avenues in the manufacturing sector.
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