ABC Supply Co., Inc. to Acquire Standalone Wallboard Divisions of US LBM
Beloit, Wis.—January 23, 2023—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 & CEO, shared, “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 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.
The information provided is for general informational purposes only. All information provided is in good faith, and is not intended as a substitute for obtaining accounting, tax, legal, or financial advice from a professional accountant or lawyer. Any opinions expressed are those of the author. ABC Supply Interiors makes no warranties of any kind, express or implied, regarding, the accuracy, adequacy, validity, reliability, availability, or completeness of any information provided herein. Any questions regarding the information provided should be addressed to the author.
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