New York company acquires Delaware-based Tile Market

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Nemo Tile + Stone, acquired Tile Market of Delaware. Marking the brand’s second acquisition, following the November 2021 acquisition of Modern Stone Consulting, Nemo Tile + Stone is expanding its footprint on the East Coast.

Nemo has locations in Philadelphia, Boston, New Jersey, and New York, including New York City.

Founded in 1996, Tile Market of Delaware is a tile distributors and stone fabricator in the mid-Atlantic region. The tile and stone business is headquartered in Wilmington, Delaware with a 73,000-square-foot warehouse that supports the region’s retail, builder, designer, and contractor industries. Tile Market also has a 10,000-square-foot design showcase and delivery center for domestic and international tile.

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“The union of these businesses creates a strong alliance that will be the basis for growing our national footprint while maximizing the effectiveness of our supply chains, the range of our product offerings, and the depth of our vertical and horizontal surface applications,” noted Matthew Karlin, CEO, Nemo Tile + Stone. “The cultures and ambitions are closely linked to make it easier to execute strategic plans for long-term growth and integration in both the commercial and residential sectors.”

Tile Market of Delaware also has showroom/warehouse operations in Middletown and Lewes.

Tile Market of Delaware is actively selling goods around the country thanks to the recent introduction of their national brand, Urban Coast Tile, a specialized brand forupscale coastal regions. The Stone Shop, its fabrication branch, also based in Wilmington and creates natural stone and quartz countertops, and bath and fireplace surrounds.

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