Stock Expands Installed Services with Coleman Floor Company Acquisition - Modern Distribution Management

Stock Expands Installed Services with Coleman Floor Company Acquisition

Stock Building Supply, Raleigh, NC, a supplier of building materials to professionals in the U.S., has acquired Coleman Floor Company, Inc.


 


Coleman primarily sells and installs residential flooring products to production residential home builders throughout the Eastern U.S. and Chicago. Its product line includes carpet, vinyl wood, laminates and ceramic tile. In 2005, Coleman recorded sales of $233.5 million.


 


‘Coleman has a proven management team that has historically produced exceptional operating results and has developed a loyal customer base with its focus on providing superior customer service,’ says Fenton Hord, Stock President and CEO. ‘Coleman will add yet another line to our growing offering of installed products.’


 


Founded in 1947 in Chicago, Coleman expanded into Virginia and South Florida in the 1970s and into North Carolina in 1996. The company presently operates from 23 locations. The acquisition of Coleman adds 791 associates to the Stock family. All senior management, including Tim Coleman, president, will remain with the company.


 


Stock now operates 307 locations in 33 states with reported sales of $4.1 billion for 2005. Stock is a subsidiary of Wolseley plc of Theale, England, which had sales in fiscal year 2005 of more than $20 billion.


 


Related Stories:
Stock Takes Stock
Wolseley 2005 Annual Report
Stock Acquires 4 Las Vegas Construction Services Companies
Stock Acquires Davis Homes Wholesale
Stock Acquires Home Lumber Company
Stock Acquires K& A Lumber

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!