ABC Supply to Acquire Norandex

September 16th, 2015 by Casey Flores
ABC Supply Co. Inc. will soon own yet another company. The Beloit, Wisc., company has signed a definitive agreement with Saint-Gobain Delaware Corp., a subsidiary of Saint-Gobain S.A., to acquire Norandex Building Materials Distribution, Inc., in order to expand distribution of windows, siding and other exterior building products.This would make for ABC’s largest acquisition since the purchase and successful integration of Bradco Supply in June 2010.“This strategic acquisition reinforces our leadership position in the exterior products market and establishes a strong foundation for our next phase of growth,” says Keith Rozolis, ABC Supply’s president and CEO.

With the Norandex acquisition, the combined company will operate more than 600 locations in 49 states and the District of Columbia with combined annual sales of over $6 billion, according to the company.

“We look forward to welcoming the Norandex team into the ABC family,” says Rozolis. “And, are confident that this combination will bring new benefits and create enhanced opportunities for our customers and associates from both companies.”

Headquartered in Hudson, Ohio, Norandex operates 103 branches in 31 states and reported 2014 revenue of $393 million.

The transaction is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the fourth quarter.

 

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