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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Apr. 19, 7:31 AM

Slide #25. Beacon General Siding Supply

Acquirer: Beacon (NASDAQ:BECN)
Acquiree: General Siding Supply
Details: Beacon (NASDAQ:BECN) announced today that it has completed the acquisition of General Siding Supply ("General Siding") headquartered at its Omaha, NE branch, with four additional branches located in Lincoln, NE, Grand Island, NE, Sioux City, IA and West Fargo, ND.

Beacon Roofing Supply is a distributor of residential and non-residential roofing materials and complementary building products in the U.S. and Canada. Co. operates its business primarily under the trade name Beacon Building Products. Co. provides assortments of branded products in the industry. Co. provides the digital offering in building products distribution. Beacon PRO+ is Co.'s proprietary digital account management suite which allows customers to manage their business with it online, and Beacon 3D+ is its roofing estimating tool for its residential customers. Co. invests resources in development, management skills, product knowledge, and operational proficiency.

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Company Name:  Beacon Roofing Supply Inc
Website:  www.becn.com
Sector:  Construction Materials & Machinery
Number of ETFs Holding BECN:  37
Total Market Value Held by ETFs:  $814.26M
Total Market Capitalization:  $6.00B
% of Market Cap. Held by ETFs:  13.56%
 

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April 19, 2024    7:31 AM Eastern
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Buy (3.00 out of 4)
100th percentile
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