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Building materials distributor US LBM Holdings LLC, Green Bay, WI, has acquired Bailey Lumber & Supply, Gulfport, Mississippi, a distributor with six locations in Mississippi. Terms of the transaction were not disclosed.
The deal marks US LBM’s first entrance into the Mississippi market. Bailey Lumber & Supply will continue to be led by Richard Kostal, who is remaining with the company as president.
“Bailey Lumber & Supply has an exemplary reputation in Mississippi, and we’re pleased to welcome them to US LBM,” said US LBM President and CEO L.T. Gibson. “With the acquisition of Bailey’s, a top distributor with a full line of building products and services, we’re furthering our strategy of partnering with local market leaders and increasing our presence in the growing southern U.S. construction market.”