Foundation Building Materials, Inc. Acquires Virginia Builders’ Supply, Inc.
05 Julho 2017 - 6:39PM
Business Wire
Foundation Building Materials, Inc. (“FBM” or the “Company”)
(NYSE:FBM), one of the largest specialty distributors of wallboard
and suspended ceiling systems in the United States and Canada,
announced today that it has closed the acquisition of Virginia
Builders’ Supply, Inc. (“Virginia Builders”). Virginia Builders is
an independent distributor of building materials that has been in
business for 40 years. The product offering includes gypsum
wallboard, joint treatment, steel framing, insulation, fasteners,
tools and other accessory products used by wall and ceiling
contractors in the commercial and residential markets.
“We are excited to announce that Virginia Builders will be
joining the FBM team. Virginia Builders allows us to add a full
line of specialty building products to the Richmond market with the
addition of drywall, steel framing, and insulation,” said Ruben
Mendoza, FBM’s Chief Executive Officer.
“Virginia Builders’ strong commercial based business will allow
FBM to further leverage our existing large customer relationships
and drive value for FBM shareholders. Its strong base of commercial
business in drywall, steel framing and insulation also complements
our existing ceilings business in the area with other
manufacturers. We look forward to growing and strengthening our
position in the Richmond market and bringing an expanded product
offering to the broader region,” said Mendoza.
About Foundation Building Materials
Foundation Building Materials is a specialty distributor of
wallboard, suspended ceiling systems, and mechanical insulation
throughout the U.S. and Canada. Based in Tustin, California, the
Company employs more than 3,400 people and operates more than 200
branches across the U.S. and Canada.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170705006095/en/
Investor Relations:Foundation Building Materials,
Inc.657-900-3200Investors@fbmsales.comorMedia Relations:Joele
Frank, Wilkinson Brimmer KatcherJed Repko or Ed
Trissel212-355-4449
Foundation Building Mate... (NYSE:FBM)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024
Foundation Building Mate... (NYSE:FBM)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024
Notícias em tempo-real sobre Foundation Building Materials Inc da New York Stock Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Foundation Building Materials, Inc.