Announced
Completed
Financials
Tags
custom sheet metal fabrication
roofing
Building Roofing/Wallboard and Plumbing
United States
Private
Disposal
Completed
Friendly
Acquisition
Single Bidder
Majority
Synopsis
Beacon Roofing Supply, the largest publicly traded distributor of roofing and complementary building products in the United States and Canada, completed the acquisition of Allied Building Products from CRH, global diversified building products group, for $2.63bn. “We are pleased to announce the completion of the Allied acquisition and we look forward to the successful integration of these two great companies. Beacon and Allied’s leadership have worked closely together on the integration planning to ensure a collaborative approach and an outcome that preserves the expertise and strengths of both organizations. I want to thank the Beacon and Allied teams for their tireless work and cooperation to successfully complete the financing and closing processes efficiently and on schedule. This combination is about driving growth through the expansion of our geographic footprint and range of products and creating increased value for our customers and shareholders. This is a milestone day in the long and successful histories of both companies and we are thrilled to start the new year as one company,” Paul Isabella, Beacon Roofing Supply President & CEO.
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