Wagner Distribution Holding Co.’s President and CEO Bill Sturgeon announced that the company has acquired Commercial Drywall Supply Inc., a privately held specialty building materials distributor based in Wichita, Kan. The effective change over date is March 5.
Commercial Drywall Supply is a two-branch distributor of
gypsum and gypsum-related products. Its second branch is located in Manhattan,
Kan. About the acquisition, Sturgeon said, “Commercial Drywall Supply has
maintained a strong presence in the Wichita and Manhattan markets and we are
excited to add their gypsum products and experience as a compliment to the
ceilings products and experience Wagner presently represents in these markets.
This acquisition certainly makes for a natural fit since both companies strive
to build lasting relationships with their customers, suppliers and employees.”
Both companies are members of the Drake Group.
Following a brief transition period, Wagner Interior Supply
of Wichita, located at 1155 North Washington Street, Wichita, KS. 67214 will
relocate and operate from the Commercial Drywall Supply facility, located at
1910 East Industrial, Wichita, KS. 67216. The second branch will become Wagner
Interior Supply of Manhattan and maintain the location at 8900 Green Valley
Drive, Manhattan, KS. 66502.