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ABC Supply to acquire L&W Supply

Beloit-based ABC Supply will acquire L&W Supply from United States Gypsum Corp in what is one of ABC’s largest acquisitions and comes on the heels of the purchase of Norandex Building Materials Distribution in late 2015.

ABC Supply is the nation’s largest wholesale distributor of roofing, siding, window and gutter materials, tools and supplies. L&W Supply is a specialty distributor of drywall, ceiling tiles, steel framing and other building materials used by commercial and residential contractors.

The $670 million transaction is subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act and is expected to close in the fourth quarter of this year.

With the L&W Supply acquisition, the company will operate more than 700 locations in 49 states with combined annual sales of over $8 billion.

L&W Supply will operate as a separate division of ABC Supply.

 

 

 

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