Beacon Announces Acquisition of General Siding Supply
2024年4月15日 - 9:30PM
ビジネスワイヤ(英語)
Five new locations and increased service for
building contractors in the Midwest
Beacon (Nasdaq: BECN) announced today that it has completed the
acquisition of General Siding Supply (“General Siding”)
headquartered at its Omaha, NE branch, with four additional
branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA
and West Fargo, ND.
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the full release here:
https://www.businesswire.com/news/home/20240412236560/en/
General Siding Supply
For nearly 50 years, General Siding has provided building
supplies including siding, windows, and doors to Midwest
contractors. “Beacon is a great place to work, and our employees
are excited to join the team. Our customers will benefit from
combining our product catalog and expertise. They will also gain
access to Beacon PRO+ for online ordering and delivery tracking,”
commented Jeff Spanheimer, General Siding’s President.
“This acquisition deepens our complementary building product
offering and adds branch locations that expand our branch network
in key markets. The Spanheimer family’s business has a
long-standing reputation as siding specialists with unparalleled
technical knowledge and service reliability. We are proud to have
them join Team Beacon,” added Bill Sarvis, Beacon’s Regional Vice
President, Midwest.
Beacon has completed three acquisitions adding twelve branches
and signed a purchase agreement for a fourth acquisition to date in
2024. In addition, five new locations have opened this year.
Footprint expansion is an important element of our Ambition 2025
plan. We continue to deliver on our commitments to drive
above-market growth to better serve customers. The company exceeded
its Ambition 2025 revenue and shareholder return targets two years
early and continues to make significant advances to achieve the
full Ambition 2025 plan.
About Beacon
Founded in 1928, Beacon is a Fortune 500, publicly traded
distributor of building products, including roofing materials and
complementary products, such as siding and waterproofing. The
company operates over 540 branches throughout all 50 states in the
U.S. and 7 provinces in Canada. Beacon serves an extensive base of
nearly 100,000 customers, utilizing its vast branch network and
diverse service offerings to provide high-quality products and
support throughout the entire business lifecycle. Beacon offers its
own private label brand, TRI-BUILT®, and has a proprietary digital
account management suite, Beacon PRO+, which allows customers to
manage their businesses online. Beacon’s stock is traded on the
Nasdaq Global Select Market under the ticker symbol BECN. To learn
more about Beacon, please visit www.becn.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240412236560/en/
INVESTOR CONTACT Binit Sanghvi VP,
Capital Markets and Treasurer Binit.Sanghvi@becn.com
972-369-8005
MEDIA CONTACT Jennifer Lewis VP,
Communications and Corporate Social Responsibility
Jennifer.Lewis@becn.com 571-752-1048
Beacon Roofing Supply (NASDAQ:BECN)
過去 株価チャート
から 4 2024 まで 5 2024
Beacon Roofing Supply (NASDAQ:BECN)
過去 株価チャート
から 5 2023 まで 5 2024