See the detailed roster of directors QXO proposed, as well as Beacon's prompt response.
Latest In Building Materials/Construction
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It is the second deal US LBM announced in two days.
As both sides continue to dig in, get the latest key takeaways from statements shared Feb. 6.
Portland, OR-based JLA Supply is a distributor of sealants, waterproofing and concrete accessories.
Walker Lumber & Supply is a distributor of building products, offering customers an extensive line of lumber and hardware in Central Tennessee.
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QXO calls the agreement "shareholder-unfriendly" and a “poison pill”.
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Beacon acknowledged the tender offer and recommended that shareholders take no action at this time.
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Kendall Lumber is a building materials distributor that will be joining the Kodiak company Simonson Lumber in Minnesota.
The letter shares full details of QXO's offer and claims Beacon has intentionally taken actions to "frustrate a transaction." Beacon responds.
NAW said ABC Supply won the 2025 Distributors Deliver Award for its leadership, community involvement and innovation.
QXO said it plans to transfer its stock listing, aiming to create a tech-forward leader in the building products distribution industry.
Beacon shared its fourth quarter expansion efforts to support growth and improve customer service.
It marks NEFCO’s fifth acquisition of 2024 and its second-largest acquisition to date.
All-Fab Group serves the needs of building contractors, building owners and dealers across Western Canada.
The company gains 21 new locations across the Front Range of Colorado, western Colorado and northern New Mexico with the acquisition.
The partnership helps SRS contractors be promoted over others in the market.
