Announced
Financials
Tags
Building Roofing/Wallboard and Plumbing
metal roofing
Acquisition
United States
Private
Majority
Pending
Friendly
Domestic
Single Bidder
Synopsis
Flack Global Metals, a metals distribution company, agreed to acquire Fabral, a supplier of metal building envelope solutions, from OmniMax International, a producer of aluminum, steel, copper and vinyl products. Financial terms are not disclosed. "We have had great success working with progressive steel-buying OEMs who embrace our approach to separating metals supply from price using proven risk management strategies, including hedging. Fabral gets us one step closer to end-consumers of metal building products, making FGM a more informed partner no matter if you use our distribution services, our financial services, our manufacturing capabilities, or any combination of the three," Jeremy Flack, Flack Global Metals Founder and CEO.
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