Foundation Building Materials Announces the Acquisition of Wallboard Supply Co. and The Supply Guy
01 Outubro 2019 - 5:15PM
Business Wire
Foundation Building Materials, Inc. (“FBM” or the “Company”)
(NYSE: FBM), one of the largest specialty distributors wallboard,
suspended ceilings, and metal framing in North America, announced
today that it has completed the acquisition of distributors in each
of Colorado Springs, Colorado, and Lakewood, Washington. The terms
of the transactions were not disclosed.
- Joe’s Wallboard Supply Co. of Colorado Springs, Inc.
(“Wallboard Supply”) is an independent distributor of drywall and
accessories, steel framing, insulation, and tools and fasteners.
Wallboard Supply was founded in 1997 in Colorado Springs,
Colorado.
- The Supply Guy, Inc. (“TSG”) is an independent distributor of
tools, fasteners, and other related products. TSG was founded in
1996 in Lakewood, Washington.
“With the closing of these transactions, FBM enters the growing
Colorado Springs market and builds its complementary products
business in the Pacific Northwest,” said Ruben Mendoza, FBM’s Chief
Executive Officer. “These two companies have a strong and
successful history, largely created by the talent of their
management and employees and long-standing customer
relationships.”
About Foundation Building
Materials
Foundation Building Materials is a specialty building products
distributor of wallboard, suspended ceiling systems, metal framing,
and complementary products throughout North America. Based in Santa
Ana, California, the Company employs more than 3,400 people and
operates more than 175 branches across the U.S. and Canada.
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version on businesswire.com: https://www.businesswire.com/news/home/20191001006120/en/
Investor Relations: Foundation Building Materials John
Moten, IRC, 657-900-3213 VP Investor Relations
investors@fbmsales.com Or Media Relations: Joele Frank,
Wilkinson Brimmer Katcher Jed Repko or Ed Trissel, 212-355-4449
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