The 2020 Mid-Year Economic Update_long

Beacon Roofing Supply Expands in Northern California

Beacon acquires California distributors Ford Wholesale and Construction Materials Supply.

Beacon Roofing Supply Inc. (Nasdaq: BECN), Peabody, MA, has acquired Ford Wholesale Co., San Jose, CA, a distributor of residential and commercial roofing and accessories with three locations in Northern California. Beacon has also acquired Construction Materials Supply, a distributor of mostly residential roofing products with two Northern California locations.

With the acquisitions, Beacon will add sales of $60 million and branches in San Jose, Oakland, Livermore and Sacramento. Ford Wholesale President and CEO Jim Ornellas and CMS President Peter Clark will remain with their respective companies.

Paul Isabella, Beacon president and CEO, said the acquisitions "have nearly quadrupled the California branches we had just six months ago."

Beacon Roofing Supply operates 229 branches in 38 states in the U.S. and Canada.

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