Both are distributors of commercial entry solutions and systems integration services.
Latest In Building Materials/Construction
The specialty building products distributor saw gross margin improve 40 bps year-over-year, though EBITDA fell by a larger margin.
As part of its expansion plans in California, building materials supplier 84 Lumber acquire West Coast Lumber's production yard business.
Acquisitions and greenfields powered strong volume growth, and the distributor bolted-on its second company in 2024.
However, the year-over-year sales declines improved throughout the year and were down only 4.7% in the fourth quarter.
Building Materials Distribution sales improved 3% year-over-year during 4Q, a stark improvement from a 15% decline in 3Q.
A decrease in BlueLinx's 4Q23 sales reflects a decline in specialty and structural product sales, primarily driven by price deflation.
Building materials distributor Kodiak Building Partners appointed four executives to advance the company’s next phase of growth.
84 Lumber promoted its Southeast Division Area Manager to oversee its Western Division, including its growing California market.
US LBM expands its product offering to support professional builders and remodelers in the northern part of Michigan’s lower peninsula.
Beacon will grow its service geography and design services for commercial roofers in the Carolinas with its first acquisition of 2024.
Fellow private equity firm American Securities, which acquired FBM in 2021, retains a majority stake in the distributor.
Building materials and construction supply distributor L&W Supply restructured its regional divisions as the company expands.
84 Lumber opens a new facility to serve as the primary component plant in Florida, a historically strong market for the supplier.
Mark Woodsum takes the building materials distributor's newly-created position.
In 2023, roofing and other building supplies distributor Beacon opened 28 locations and acquired 21 branches through nine transactions.
U.S. Construction input prices continued to fall in December primarily due to plunging oil prices.
The company's VP of Strategy and Transformation takes on interim CFO duties while Beacon conducts an external search for a permanent CFO.
FBM has acquired Stucco Master Supply and Tradewind Hawaii.
Kodiak gains a nearly 80-year-old distributor of building materials and construction supplies.
