Foundation Building Materials Announces the Acquisition of Associated Drywall Suppliers, Inc.
06 Janeiro 2020 - 6:15PM
Business Wire
Foundation Building Materials, Inc. (“FBM” or the “Company”)
(NYSE: FBM), one of the largest specialty distributors of
wallboard, suspended ceilings, metal framing, and complementary
products in North America, announced that it has closed the
acquisition of Associated Drywall Suppliers, Inc. (“Associated”).
Associated is an independent distributor of drywall, metal framing
and suspended ceiling systems serving the greater Louisville,
Kentucky market. Terms of the transaction were not disclosed.
“The addition of Associated builds our residential market
presence, and complements our existing commercial footprint in
Louisville, Kentucky,” said Ruben Mendoza, FBM's President and CEO.
“With a forty-year track record of strong customer service,
Associated is a welcome addition to the FBM network.”
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/20200106005792/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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