The 2020 Mid-Year Economic Update_long

Stock Building Supply & BMC to Merge

The combined company plans to continue to operate under both names in their respective local markets.

Stock Building Supply Holdings Inc. (NASDAQ: STCK), Raleigh, NC, and Building Materials Holding Corp., Boise, ID, have agreed to merge.

The building materials distribution services and solutions company, which will be headquartered in Atlanta, GA with its main operating center in Raleigh, NC, plans to continue to operate under both the Stock Building Supply and BMC names in their respective local markets. BMC CEO Peter Alexander will serve as CEO.

The combined company, which is expected to have an implied pro forma enterprise value of $1.5 billion, will have expanded geographic reach across the United States as well as innovative technology capabilities and deep industry expertise.

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