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GMS Inc. announced that the company has added several newly developed material handling trucks equipped with battery-powered hydraulic cranes to its distribution fleet and plans to add approximately 20 additional units in the next two years as they become available.
Following its acquisition by GMS in December 2021, the AMES platform continues to execute against its growth strategy by adding three new AMES store locations in Fresno, California; Palm Bay, Florida; and Concord, North Carolina, enhancing its market coverage in these geographies. The opening of the Fresno location represents the 100th store opening for AMES.
GMS established three new greenfield locations since its last platform expansion press release. The activities expand the company’s presence, provide enhanced service and broaden the product offerings in their respective markets.
GMS Inc. provided an update on the continued execution of its platform expansion strategy with its first entries in the New York City market. These include the acquisition of Tanner Bolt and Nut Inc.
GMS Inc. announced the successful completion of its previously announced acquisition of Westside Building Material (“Westside”), one of the nation’s largest independent distributors of interior building products.
GMS Inc. announced a definitive agreement to acquire 100 percent of the equity interests of WSB Titan for total consideration of approximately $627 million (C$800 million).