Announced

GMS to acquire Westside Building Material for $135m.

Synopsis

GMS, a specialty distributor of interior building products, agreed to acquire Westside Building Material, an independent distributor of interior building products in the US, for $135m. “The acquisition of Westside reflects the continued execution of our growth strategy and brings together two leading organizations with shared cultures and entrepreneurial values. Westside’s differentiated platform provides a unique opportunity for GMS to expand our reach and capture significant growth opportunities in strategically important West Coast markets. We are pleased to welcome Dick, Bill and the entire Westside team to GMS and believe that through this combination we will create new opportunities to deliver world-class service to our customers and value to our stakeholders for years to come," John C. Turner, GMS President and CEO.

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