QXO announced a public stock offer to support its planned acquisition of Beacon Roofing Supply as part of its broader growth strategy.
Latest In Building Materials/Construction
QXO appointed a new Chief Technology Officer, effective April 21, bringing experience from top tech companies.
Ferguson expanded its North American footprint with the acquisitions of Massachusetts-based Independent Pipe & Supply and Toronto-based National Fire.
Lowe's is set to acquire Artisan Design Group, which provides design, distribution and installation services for a range of products and services, including flooring, cabinets and countertops.
New River is a distributor of building materials to contractors, professional builders and homeowners across North Carolina’s High Country.
QXO extended its all-cash tender offer to acquire Beacon Roofing Supply, with the offer remaining open until April 21, while giving an update on the amount of shares tendered into the deal.
QXO acknowledged a rebranding in an FAQ for Beacon employees, though timing is still to be determined.
Truckee Tahoe Lumber is a distributor of lumber, building materials, doors and hardware, serving customers across the Northern Sierra Nevada region.
QXO extends the deadline for shareholders to tender their shares, with the transaction expected to close by the end of April.
A construction and building supply veteran executive brings over 26 years of executive experience to lead the distributor's next phase of growth and success.
US LBM has extended its Chief Digital Officer’s role, overseeing the company’s technology platforms and advancing its digital strategy.
Based in Richmond, Roofing & Supplies is a family-owned distributor of residential roofing, gutter products and related accessories.
The company secured an economic development grant to expand its headquarters to Plano, TX, creating approximately 300 jobs in the region.
The company announced the launch of Ponderosa Building Supply, as well as the appointment of new leadership to support expansion in the region.
Based in Chicago, AZEK is a manufacturer of outdoor living products, employing approximately 2,000 team members across multiple manufacturing and recycling facilities.
With QXO’s acquisition of Beacon set to finalize by the end of April, let’s look at what the deal does for both sides and the attributes that QXO just couldn’t walk away from.
ABC Supply has announced key leadership promotions to strengthen its strategy, drive growth and enhance customer service.
It ends a four-month public standoff between the two companies and marks another milestone acquisition in the building materials distribution sector.
QXO extends its offer to Beacon for a fifth time, two days after announcing additional funding secured from institutional investors.
QXO extends its all-cash tender offer for Beacon, one week after both companies confirmed negotiation talks.
