Announced
Synopsis
GMS, a specialty building products distributor, agreed to acquire Kamco Supply, a supplier of ceilings, wallboard, steel, lumber, and other related construction products. Financial terms were not disclosed. “Kamco is a long-established leader in the building materials industry with an experienced and successful team. They are known for exceptional service and have outstanding customer relationships and an impressive suite of products from numerous leading brands, including Armstrong, CertainTeed, National Gypsum, USG, Owens Corning and others. This acquisition represents a unique opportunity to advance GMS’s strategic priorities, including expanding share in our core product categories and continuing to develop our presence in the New York metropolitan market, the largest remaining MSA where we do not have a significant presence," John C. Turner, GMS President and CEO.
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