Beacon Announces Acquisition of Wichita Falls Builders Wholesale
Beacon (the “Company”) announced today that it has acquired Wichita Falls Builders Wholesale, Inc. (“Builders Wholesale”), a distributor of complementary residential exterior building supplies, including windows, doors and siding to contractors, homebuilders and retail customers. Builders Wholesale has a three-decade history and strong reputation for serving customers in greater Wichita Falls, Texas.
“The Builders Wholesale team is excited to be joining Beacon. We have worked diligently over the last 33 years to serve our customers in the Wichita Falls market with extensive product knowledge,” commented Rick Belz, President, Builders Wholesale. “The team and I believe partnering with Beacon provides an opportunity to continue those relationships and bring additional value to customers.”
“We are pleased to welcome Builders Wholesale employees and customers to Beacon. We will partner to bring their customers the benefits of scale and specialized capabilities that differentiate our service model,” said Jason Taylor, Beacon’s President, West Division. “Builders Wholesale’s long history, high-quality team and strong location will allow us to serve a new and growing market. This acquisition also helps drive us toward our Ambition 2025 objective to expand our footprint and grow faster than the market.”
Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of over 80,000 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-BUILTTM, and has a proprietary digital account management suite, Beacon PRO+, which helps 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.
Jennifer Lewis – Vice President Communications & Corporate Social Responsibility – email@example.com – (571) 752-1048
Source: Beacon Roofing Supply, Inc.