Beacon Roofing Supply Inc. (NASDAQ: BECN), Herndon, VA, has acquired Lowry's Specialty Distribution, Sun Valley, CA, a distributor of waterproofing, sealants, air barriers and related products.
Lowry's has 11 branches in four states that will continue to operate Lowry's, Systems Waterproofing Supply and Can-Do Supply under the leadership of President Craig Dirickson.
"Lowry's is a great addition to Beacon and significantly strengthens our existing waterproofing and related complementary products business in the western United States, including our first entry into the Hawaii market," said Paul Isabella, Beacon's CEO and president. "Waterproofing and related products comprise a huge and growing market and present tremendous sales opportunities for Beacon, both to Lowry's existing customers and through cross-selling to our core roofing contractor base."
Lowry's co-owners Keith and Michael Musante will both remain with the company.
