Dallas-based building materials distributor Builders FirstSource, Inc. (NYSE: BLDR) completed its acquisition of National Lumber, the largest independent building materials supplier in the New England region.
Financial terms were not disclosed.
National Lumber runs 19 facilities and employs more than 700 people across Massachusetts, Connecticut and Rhode Island, and has a “diverse mix of products and end markets,” Builders FirstSource said.
National Lumber sales are expected to be approximately $440 million in 2021.
“We are thrilled to further expand our capabilities into New England by welcoming National Lumber to the Builders FirstSource family,” said Dave Flitman, president and CEO of Builders FirstSource. “The company’s diverse building materials and service offerings, which include prefabricated components to millwork and their strong R&R mix, will add even more depth to the value-added solutions Builders FirstSource customers rely on. We look forward to strengthening our presence in New England while continuing to pursue additional acquisition and organic growth opportunities across the nation.”
National Lumber President Manny Pina, along with other key senior leaders, are expected to continue their tenures managing local operations.