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Nearly 275 LBM Facilities Involved in Deals, Openings, and Closures So Far This Year

Updated: Sep 22, 2019


LBM facility deals (blue pins), greenfield openings (green) and closures (red) since Jan. 1

The current Webb Analytics database shows nearly 275 construction supply facilities have been involved in acquisitions, greenfield openings, or closures so far this year. Of those locations, 158 were involved in M&A deals, 87 opened their doors for the first time, and 29 facilities closed.


More than 75 ownership changes have taken place just since July 4. The biggest single transaction saw SRS Distribution acquire 21-branch Travis Roofing Supply. SRS also bought Slover Roofing Supply, a two-unit operation in Texas, and Schultz Roofing of St. Joseph, MI.


Here are the other most notable deals since mid-summer:


* Millwork specialist Randall Brothers bought PMC Building Materials, a three-unit operation serving the Atlanta market. For you historians, PMC was created out of what was left by Ply Mart after it collapsed during the Great Recession.

* SRS' Heritage Landscaping Supply Group bought Normac, which has eight facilities in California.


* A new investor came on the scene when Fulcrum Building Group of Southern California came to life and purchased a pair of dealers on the Gulf Coast: Navarre (FL) Lumber and South Bay Lumber of Santa Rosa Beach, FL. Fulcrum says it's looking to increase its holdings.

BMC expanded in the Sacramento area by acquiring Heritage One Door & Hardware of North Highlands, CA.


* Two divisions of Building Industry Partners did deals. Homewood Holdings acquired Total Trim Construction of Auburn, CA, and U.S. Fence Solutions bought Western Access Controls of Northglenn, CO.


* This summer saw two instances of co-location: L&W Supply and its parent, ABC Supply, began operating out of the same address in Boise, ID, while Universal Supply opened a new facility in Kimberton, PA, in space that it will share with the previous full occupant, US LBM company Shelly's.


* ABC Supply also opened stores in Stockton, CA; Auburn, NY; and La Mirada, CA. L&W Supply did the same in Modesto, CA; Green Bay, WI; and Fishersville, VA. Meanwhile, gypsum specialist GMS said its Cowtown Materials unit set up shop in Wichita Falls, TX; while its New England Gypsum branch entered Manchester, NH.


* After announcing four greenfield openings on July 1, SRS revealed six more between Aug. 5 and Sept. 11. Those new stores are in Colorado Springs, CO; Indianapolis; Dayton, OH; Fayetteville, NC; Saxonburg, PA; and Sun Valley, CA.


* Foundation Building Materials expanded in Texas by opening facilities in Corpus Christi, New Braunfels, and Lewisville.


*Other greenfield openings by bigger dealers included: Russell Building Supply in Auburn, AL; Gulfeagle Supply in Hanahan, SC; McCoy's Building Supply in Bay City, TX; Curtis Lumber in Richmondville and Sidney, NY; Kuiken Brothers in Newark, NJ; and Arrowhead Building Supply in St. Peters, MO.

Meanwhile, Eldredge Lumber said it plans to open a store in Sanford, ME, by year-end.


* 84 Lumber is closing a facility in Richmond, VA, and moving to a far larger complex serving the commonwealth's capital.


* There were several smaller dealers that launched: Minardi Lumber, Hermatnown, MN; Bazooka Lumber and Livestock, Thermopolis, WY; JR's Building Supplies, Texarkana, TX; LumBros. Building Solutions in Detroit Lakes, MN; and Local Lumber and Supply, Williamson, WV

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Three stores have posted notices saying they're up for sale. One is Walker Lumber Co. and Do it Best Hardware in Minong, WI, (sale notice) another other is Hackensack (MN) Lumber and Hardware (sale notice), and the third is an unidentified store in Hialeah, FL (sale notice).

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