Dallas-based building materials distributor Builders FirstSource, still riding the momentum of its merger with BMC Stock Holdings, reported another strong quarter.
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Builders FirstSource CEO Flitman says the NYSE is the preferred exchange for the building materials industry.
Dallas-based Builders FirstSource said the large increase in net sales was driven in part by deal to buy BMC Stock Holdings, which closed earlier this year.
Dallas-based building materials distributor Builders FirstSource, fresh off the acquisition of BMC Stock Holdings, said fourth-quarter sales climbed 43.5%.
New building materials juggernaut becomes official as companies with combined annual sales of $11.7 billion complete all-stock merger transaction.
Independent company, which serves Northern Virginia, Maryland and Washington, D.C., will become part of building materials giant — the soon-to-be merged BMC and Builders FirstSource.
Building materials distributors, which will soon combine, announced the early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Building materials distributor BMC Stock Holdings announced during the period that it was merging with Builders FirstSource in a mammoth $2.5 billion deal.
Dallas-based building materials distributor Builders FirstSource, fresh off the acquisition of BMC Stock Holdings, reported a stellar third quarter.
For the second time in two weeks, the building materials and construction sector saw major consolidation with Builders FirstSource Inc.’s Thursday announcement that it would acquire BMC Stock Holdings Inc. in a $2.5 billion, all-stock merger. Here’s what we know about the deal so far.
Combined company will account for more than $11 billion in annual sales with expectations of annual cost synergies of $130 million to $150 million by the third year.
Profit was up 32.7% from the same quarter a year ago.
For first six months, company's sales up 7.8 percent year-over-year.
BMC Stock Holdings, SRS Distribution, ABC Supply make moves during month.
Company's profit of $3.7 million up from loss same quarter last year.
Company adds Texas Plywood & Lumber and Code Plus Components to portfolio.
Michael McGaugh appointed to newly created position.
Merger of Stock Building Supply and Building Materials Supply boosts quarterly revenue.
Merger of Stock Building Supply and Building Materials Supply boosts quarterly revenue.
