A search committee has been established to identify a candidate who will assume the organization’s leadership role.Â
Latest In Building Materials/Construction
Fiscal Year 2025 Net income for SiteOne increased 23%, compared to the prior year.
Kodiak Building Partners to join legacy Beacon as the next major building materials distributor to make up QXO. See details of the acquisition, expected to close in the second quarter of 2026.
The acquisition strengthens TopBuild's presence in the Northeast.
The move diversifies Britton Lumber's business into packaging and strengthens its presence in Massachusetts, Rhode Island and Connecticut.
The new capability is designed to help pros create project material lists within minutes.
October negated most of September's decline and was the fourth gain in the past five months.
Phoenix-based XO Windows will now operate in US LBM's northwest and southwest regions.Â
The manufacturer/distributor made nine bolt-ons during 2025 that led to healthy annual gains in sales and EBITDA.
The offering was in response to investment demand following $3 billion raised earlier this month in two private placement rounds.
Following a $1.2 equity commitment announced a week earlier, the financing suggests QXO expects to land its second acquisition soon.
The number of new housing unit starts was the weakest since the height of the COVID-19 pandemic despite a monthly and YoY improvement in single-family.
A person familiar with the deal told MDM that QXO is in talks with seven companies with between $1 billion and $20 billion in revenue. Get the details here.
The addition nets BFS its first two truss and wall panel facilities in the state of New York.
The Utah-based company offers a comprehensive range of tools, fasteners, accessories and safety products.
The building materials distributor will have a new CCO on Jan. 6
He's been the chairman of XPO since its founding in 2011, followed by spinoff GXO in 2021.
ACME Construction Supply and Professional Contractor Supply will join the buying group Jan. 1.
The FTC says combining Henkel’s Loctite brand with Liquid Nails would eliminate head-to-head competition between the two largest construction adhesive brands sold through major U.S. home improvement retailers.
This is the third new location for the Wisconsin-based distributor in 2025.
