Beacon Roofing Supply (BECN) Announces Acquisition of Wichita Falls Builders Wholesale
Get Alerts BECN Hot Sheet
Join SI Premium – FREE
Beacon (Nasdaq: BECN) (the “Company”) announced today that it has acquired Wichita Falls Builders Wholesale, Inc. (“Builders Wholesale”), a distributor of complementary residential exterior building supplies, including windows, doors and siding to contractors, homebuilders and retail customers. Builders Wholesale has a three-decade history and strong reputation for serving customers in greater Wichita Falls, Texas.
“The Builders Wholesale team is excited to be joining Beacon. We have worked diligently over the last 33 years to serve our customers in the Wichita Falls market with extensive product knowledge,” commented Rick Belz, President, Builders Wholesale. “The team and I believe partnering with Beacon provides an opportunity to continue those relationships and bring additional value to customers.”
“We are pleased to welcome Builders Wholesale employees and customers to Beacon. We will partner to bring their customers the benefits of scale and specialized capabilities that differentiate our service model,” said Jason Taylor, Beacon’s President, West Division. “Builders Wholesale’s long history, high-quality team and strong location will allow us to serve a new and growing market. This acquisition also helps drive us toward our Ambition 2025 objective to expand our footprint and grow faster than the market.”
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- HUB Cyber Security (HUBC) Strongly Responds To Dominion’s Misleading Lawsuit; Reaffirms Dedication To Expansion And Worldwide Customer Support
- Form 8.3 - Hipgnosis Songs Fund Limited
Create E-mail Alert Related Categories
Corporate News, Mergers and AcquisitionsRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!