Foundation Building Materials, Inc. Acquires Wallboard, Inc.
01 Maio 2017 - 5:15PM
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 Wallboard,
Inc. (“Wallboard”) with two branch locations in the Minneapolis-St.
Paul metropolitan area. Wallboard is a leading independent
distributor of drywall, steel framing, insulation and finishing
products primarily servicing the commercial segment as well as the
multi-family segment of the residential business.
“The combination with Wallboard significantly increases FBM’s
share of the Minneapolis-St. Paul market,” said Ruben Mendoza,
FBM’s Chief Executive Officer. “Wallboard has a long established
track record in the local market dating back to 1963 and brings
very seasoned customer relationships and highly tenured employees.
The acquisition will improve our ability to fully service larger
contractors in the region. We look forward to partnering with
Wallboard’s strong management team as FBM expands its presence in
this attractive market.”
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/20170501006014/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.