Bradco Supply Corp. announced recently it has signed a definitive agreement to be acquired by ABC Supply Co. Inc.
The acquisition will
create a distributor of exterior building materials combined sales of over $4
billion. Importantly, the combined company will be better positioned to partner
with its vendors and better able to service the needs of its customers. The
transaction is subject to regulatory approvals. Collectively, there will be
almost 480 locations in 45 states, including Washington, D.C.
Bradco Supply Corp.
operates 129 branches in 30 states with sales of approximately $1.5 billion last
year. The company was founded in 1966 by Barry Segal. Fore more information,
ABC Supply, of
Beloit, Wisconsin, has more than 350 branches in 45 states and the
Columbia. The company was founded in 1982 by Ken
Hendricks and had sales of approximately $2.6 billion in 2009. For more
information, go to www.abcsupply.com.
Bradco Bought by ABC Supply
June 22, 2010