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Beacon Roofing Supply Inc. (NASDAQ: BECN), Herndon, VA, has acquired Applicators Sales & Service, a Portland, ME, distributor of residential roofing, siding, windows and related accessories. Applicators has four branches in Maine, one in New Hampshire and annual sales of $48 million.
Paul Isabella, Beacon's CEO and president, emphasized the strategic fit of the acquisition and the compatibility of the two companies. The acquisition will strengthen Beacon's presence in northern New England, he said.
Beacon Roofing Supply Inc. is a distributor of residential and commercial roofing materials and complementary building products, with 254 branches in 40 states in the U.S. and six provinces in Canada.