Capstone Holding (NASDAQ:CAPS), a tech-enabled building products distribution platform, has secured a significant expansion of its portfolio through a new distribution agreement for Eldorado Stone, a premium manufactured stone veneer brand from Westlake Royal Building Products.
The company expects the addition of the Eldorado brand to contribute approximately $5 million in annualized run-rate revenue by the third quarter of 2027.
Notably, Capstone stated that the expansion requires no incremental infrastructure investment or additional fixed costs, as the products will be integrated into the company’s existing national distribution channels and delivery routes.
The deal marks a deepening of the relationship between Capstone and Westlake Royal.
Capstone is already recognized as a top-three national distributor for Westlake’s "Cultured Stone" brand.
By adding Eldorado Stone—a brand with over 50 years of market presence and high specification rates among North American architects—Capstone aims to capture existing customer spend that currently flows to competing distributors.