After the transaction, CD&R will continue to own more than 15 million shares of common stock it currently directly holds.
Latest In Beacon
It marks Beacon’s fifth acquisition so far in 2023.
See the key financial figures reported by five major industrial distributors.
We break down the building supplies distributors' 4Q and full-year financials, which included a company-record $8.4 billion in 2022 sales.
Beacon announced the acquisitions of Whitney Building Products and First Coastal Exteriors a day apart.
Beacon will create a new specialty waterproofing division as a result of the acquisition.
The distributor says it entered an accelerated share repurchase agreement with Citibank N.A to repurchase $125 million of Beacon’s common stock.
The roofing material and building products distributor says it opened an OTC hub in Pico Rivera, California, and a branch in Little Chute, Wisconsin.
2021 fourth-quarter sales increased 11.3% compared to the prior year, while net income from continuing operations was $68.1 million.
Roofing material and building products distributor reported 2021 fiscal 4Q sales of $1.88B, a quarterly record for continuing operations.
Roofing material and building products distributor Beacon's 3rd annual 'Beacon of Hope' contest rewards veterans with new roofs.
Roofing distributor has expanded service to customers in Houston and North Port-Bradenton-Sarasota, Florida.
