It's the latest deal involving building materials distributors, following QXO’s purchase of Beacon and The Home Depot’s pending acquisition of GMS.
Latest In Building Materials/Construction
Specialty Products & Insulation strengthens its reach in Eastern Canada with the addition of insulation distributor and fabricator Dispro.
It's PrimeSource’s ninth acquisition since partnering with its private equity owner in late 2020.
Gypsum-based building products maker and distributor CGC is set to gain a fellow Canadian-based supplier of steel studs.
Construction spending declined in May, driven by continued softness in both residential and nonresidential private construction.
New Jersey-based Elgen is a manufacturer and designer of HVAC parts, components, ductwork and structural framing.
GMS has agreed to be acquired by The Home Depot’s subsidiary SRS Distribution for $110 per share, topping a rival bid and valuing the deal at $5.5 billion.
Holcim completed the spin-off of Amrize, now an independent, publicly traded building solutions supplier serving North America’s construction market.
The additional of Kansas City-based The Deck Supply will allow Decks & Docks to establish a presence in the Midwest and grow its inland decking footprint.
BMD launched its engineered wood product distribution operations in Southern California, expanding access to EWP solutions for regional lumber yards and builders.
ABC Supply partnered with ServiceTitan to deliver real-time pricing, product catalogs and order status directly within the platform.
Home Depot and QXO are both pursuing a potential acquisition of GMS, following QXO’s $5 billion bid, according to the Wall Street Journal.
To advance its digital strategy and boost innovation, Ferguson's new center will focus on software engineering, AI, ERP, analytics and more.
Just 50 days after closing on its $11 billion purchase of Beacon, QXO is back in pursuit mode.
GMS reported lower fourth-quarter results amid soft market conditions, with strength in Ceilings and Complementary Products more than offset by declines in Wallboard and Steel.
A trio of prominent financial services firms provided aggressive price targets for QXO when initiating their analyst coverage. See where they're expecting that stock to go to, and what's driving their outlook for it.
A partnership with Roofr enables contractor customers to get live material pricing and material ordering directly from QXO’s digital ecosystem.
Our highly anticipated annual feature is now available to view and download. Explore our 20 different lists to see distribution’s biggest movers and shakers.
Kodiak Building Partners appointed new presidents at Zarsky Lumber and Sun Mountain Doors to support growth and operations.
BlueLinx appointed a new VP of Product Management to lead portfolio strategy and drive profitable growth, bringing industry experience from Stanley Black & Decker.
