ABC Supply Co., Inc. has entered into a definitive agreement to acquire the standalone wallboard divisions of U.S. LBM: Feldman Lumber, Richardson Gypsum, Rosen Materials, Wallboard Supply Company and Coastal Roofing Supply. ABC Supply is a leading distributor of exterior building products, and its subsidiary L&W Supply distributes interior building products, used by residential and commercial specialty contractors.
“We look forward to welcoming the associates into the ABC Supply family and are confident our shared commitment to delivering world-class service will benefit all our customers,” shared Keith Rozolis, ABC Supply’s president & CEO. The stock transaction is subject to customary closing conditions, is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the second quarter.