Business

UFPI Buys 3 Companies, Including Steel Component Manufacturer

November 24, 2020

UFP Industries is expanding its supply base in the construction market with the acquisition of three companies based in New Hampshire.

West Fraser to Acquire Rival Norbord for C$4B

November 24, 2020

Canada's West Fraser Timber Co said on Thursday it would buy smaller rival Norbord Inc for about C$4 billion ($3.05 billion) in stock, to expand into Europe and add new wood products.

Home Depot Pays $8B to Reunite with HD Supply

November 18, 2020

The Home Depot, the world's largest home improvement retailer, today announced it has entered into a definitive agreement to acquire HD Supply Holdings, Inc., a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets.

BFS-BMC Merger Deal Receives Federal Approval

November 17, 2020

Builders FirstSource and BMC reported that they have cleared preliminary government approval for a proposed super merger.

Nation’s Best Purchases Connolly’s Do it Best Hardware in Indiana

November 13, 2020

Nation’s Best, a rapidly growing home improvement company, announces their acquisition of Connolly’s Do it Best Hardware & Rental, with five locations in Fort Wayne, Indiana.

Canada’s CanWel Acquires Vickers Island Truss

November 13, 2020

CanWel Building Materials Group Ltd. today announced that through its Honsador Group of Companies (together with all subsidiary, affiliate or nominee entities) has acquired the truss design and manufacturing plant and related equipment and business, formerly owned by Vickers Island Truss, Ltd.. 

84 Lumber Reaches $4B Sales Record in 2020

November 13, 2020

84 Lumber has hit a corporate milestone and reached record sales of $4 billion for the first time in the pro dealer’s history.

Bain Capital Purchases Majority Stake in US LBM

November 13, 2020

US LBM, a leading distributor of specialty building materials in the United States, today announced the signing of a definitive agreement for Bain Capital Private Equity to acquire a majority stake in the company.

Maryland’s TW Perry Buys Peoples Supply Company

November 6, 2020

TWP Enterprises, Inc., a leading privately-held, veteran-owned building materials dealer announced today the purchase of Peoples Supply Co., Inc. based in Hyattsville, Maryland.

Builders FirstSource Acquires Kansas City Building Supply

November 6, 2020

Builders FirstSource, Inc., the largest supplier of building products, prefabricated components, and value-added services in the United States, today announced it has purchased the assets of Kansas City Building Supply, located in Overland Park, Kansas.