Announced
Financials
Sources
Tags
Acquisition
Majority
Pending
United States
Building Materials: Other
Domestic
Friendly
Single Bidder
building products
Private
Synopsis
US LBM, a distributor of specialty building materials in the United States, agreed to acquire J.P. Hart Lumber And Hart Components, a building products distributor and manufacturer with eight operating locations across Texas. Financial terms were not disclosed. "The Hart team is widely respected and known for excellence and innovation by professional builders across Texas. When this acquisition is completed, US LBM will have an expansive network across Texas, with a strong presence in every major housing market, including Austin, Houston, Dallas-Ft. Worth and San Antonio," L.T Gibson, US LBM President and CEO.
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