GMS Inc. (GMS) Reports Acquisition of Southwest Building Materials
GMS Inc. (NYSE: GMS), a leading North American distributor of gypsum wallboard, suspended ceiling systems and other specialty building products, announced today the acquisition of Southwest Building Materials, Ltd. (“SWBM”), based in Amarillo, Texas.
Founded in 1984, SWBM distributes wallboard, ceilings and other interior building products serving residential and commercial projects of all sizes in the Texas Panhandle, Oklahoma and Eastern New Mexico markets.
SWBM will enhance GMS’s existing distribution network in West Texas, which includes legacy branches in Lubbock, TX and Midland, TX.
Brad Nannen, Vice President of the Southern Division of GMS, stated, “We are thrilled to welcome Southwest Building Materials to the GMS family. The acquisition allows GMS to continue to expand its already strong presence in Texas, reinforcing our commitment to high quality products and excellent customer service.”
Scott Anderson, Branch Manager of SWBM, commented, “The Southwest Building Materials team is eager to begin work as a GMS company. SWBM has been a leader in construction materials supply in the Texas Panhandle and surrounding areas for more than 30 years and plans to continue its commitment to quality as a GMS company.”