BMC Stock Holdings Inc. (Nasdaq: BMCH), Raleigh, North Carolina, announced Monday that it has agreed to acquire TW Perry, a Gaithersburg, Maryland-based building materials distributor that serves the Northern Virginia, Maryland and Washington, D.C., markets.
BMC in August announced it was merging with Dallas, Texas-based Builders FirstSource Inc. in a $2.5 billion deal.
“We look forward to welcoming the associates of TW Perry to the BMC team,” said David Flitman, president and CEO of BMC. “We are impressed with their pro remodel business, highly diverse customer base and value-added product mix, which is aligned with BMC’s core strategy. This addition will expand our portfolio in the growing Northern Virginia, Maryland and D.C. markets.”
Founded in 1911, TW Perry serves customers with six lumber yards, retail stores, a design studio, a custom millwork operation and a truss manufacturing facility. The company generated nearly $200 million in total net sales for the 12 months ended September 30.
Related Posts
-
Latest acquisition brings a longtime, family-owned, Baltimore-based business into the Brady Industries portfolio.
-
Addition will expand Atlas Copco’s footprint in Germany with the acquisition of the vacuum equipment…
-
Combined company will account for more than $11 billion in annual sales with expectations of…
