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Tag Archives: acquisitions

US LBM Acquires Texas-Based Higginbotham Brothers

us lbm

US LBM, a leading distributor of specialty building materials in the U.S., has acquired Higginbotham Brothers, a building products dealer with 38 locations in Texas and two in Oklahoma. With this acquisition, US LBM now operates more than 320 locations …

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PPG Reports $3.9B in Q1 2021 Sales

Paint manufacturer PPG is reporting record-breaking financial results for the first quarter of 2021, highlighting first-quarter net sales roughly 15 percent higher than in 2020. The company is reporting net sales in the first quarter of $3.9 billion, up 14.7 …

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PPG Acquires Nordic Paint Manufacturer Tikkurila

PPG acquires Tikkurila

Paint manufacturer PPG has announced it will acquire Finland-based paint manufacturer Tikkurila. Headquartered in Vantaa, Finland, Tikkurila was established in 1862 and is a leading producer and distributor of decorative paint and coatings. It operates in 11 countries and employs …

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Benjamin Moore Acquires Shaw Paints

2021 color of the year

Benjamin Moore & Co. announced it will acquire its U.K. distribution partner, Shaw Paints Ltd. Effective immediately, Shaw Paints co-founders, Craig and Helen Shaw, will join the Benjamin Moore team and remain based in the U.K. Shaw Paints will become …

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PPG Acquires Coatings Manufacturer Ennis-Flint

PPG Ennis-Flint

Paint manufacturer PPG has announced it will acquire Ennis-Flint, a global manufacturer of coatings, which has a background in pavement marking products. The deal was valued at approximately $1.2 billion and is expected to close within months, PPG says. “The …

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Fulcrum Building Group Acquires Ford Lumber

Fulcrum Building Group

In a transaction that closed Dec. 1, Fulcrum Building Group acquired a majority interest in Ford Lumber & Millwork Co., Inc. Based in Alabama, Ford Lumber operates two pro lumberyards and one millwork production facility, in Mobile and Baldwin counties. …

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Home Depot to Acquire HD Supply

hd supply

Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …

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US LBM to Be Acquired by Bain Capital

us lbm

Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …

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