ABC Supply Co. Inc. has entered into a definitive agreement to acquire the standalone wallboard divisions of US LBM: Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply. ABC Supply is a leading distributor of exterior building products, and its subsidiary L&W Supply distributes interior building products, used by residential and commercial specialty contractors.
Keith Rozolis, ABC Supply’s president and CEO, shares: “We look forward to welcoming the associates into the ABC Supply family and are confident our shared commitment to delivering world-class service will benefit all our customers.”
The stock transaction is subject to customary closing conditions, is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the second quarter.
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