Gypsum Management and Supply Inc. (GMS) has signed an agreement to acquire Nebraska based Drywall Supply Inc. (DSI). The deal expands GMS presence into growing Nebraska markets, and establishes DSI as a wholly owned subsidiary of GMS.
Mike Callahan, president of GMS said of the acquisition: “We are pleased to welcome DSI into the GMS family. Their mission to lead their customers to success by providing quality products with honesty, integrity, competence, safety, and value is an excellent fit with the values and culture of GMS.”
“This is an excellent opportunity for our employees, customers and suppliers” said Avon Vandewege president of DSI. “The financial and organizational strength of GMS increases our ability to serve our growing market, while still providing the local relationships and customer service focus that has helped us ensure our customer’s success for the past 20 years.“
GMS is the largest distributor of drywall, acoustical ceilings and other specialty building materials in the United States. Founded in 1971, GMS now operates a network ofmore than 140 distribution centers nationwide.
DSI, was founded in 1994, and has been a leading supplier of wall and ceiling products to commercial, multifamily, custom home and remodeling contractors. DSI’s locations in Lincoln, Papillion and Elkhorn NE, serve the entire state of Nebraska as well as western Iowa.