GMS Inc. announced the successful completion of its previously announced acquisition of WSB Titan (“Titan”), the largest wallboard distributor in Canada.
The completion of this acquisition further strengthens GMS's position as one of the largest wallboard distributors in North America, with combined revenues of approximately $3 billion and more than 240 branches throughout 42 states and 5 provinces in Canada.
Armstrong World Industries Inc. announced that it has acquired the business and assets of Plasterform Inc., a 31-year manufacturer of ultra-expressive, durable, custom architectural cast ceilings, walls, facades, columns and moldings, located in Mississauga, Ontario, Canada, with annual revenues of roughly $10 million.
Build Group Inc. has purchased the assets of San Jose Construction Co., Inc., and assumed responsibility for completing certain current and all future San Jose Construction projects. Build Group, Inc. has also integrated all of SJC's employees into its organization.
Smooth-On, Inc. has announced that it has acquired the Buddy Rhodes Concrete Products Co. from Delta Performance Products in Covington, GA. effective Dec. 5, 2016.
MidOcean Partners, a middle market private equity firm, and Wasserstein & Co., an independent private equity and investment firm, announced that they have entered into a definitive agreement to sell Penton, an innovative professional information services company, to Informa plc (“Informa”) for $1.56 billion.
After news broke about the acquisition of L&W Supply Corp. by ABC Supply, an email from USG Corp. was sent out to their valued customers explaining the important company news and what this means for all those involved.