L&W Supply Corporation completed the acquisition of all the assets of the Eastern Gypsum Operations from Builders FirstSource, Inc. for $76.2 million.
July 25, 2021
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L&W Supply Corporation entered into a definitive agreement to acquire all the assets of the Eastern Gypsum Operations from Builders FirstSource, Inc. (NasdaqGS:BLDR) on July 7, 2021. Eastern Gypsum Operations consist of 21 facilities located throughout the Northeast and Southeast U.S. which generated sales of approximately $160 million in 2020. L&W Supply will hire substantially all of the employees at its locations. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2021. Rothschild & Co is serving as financial advisor to Builders FirstSource, and Kyle Healy, Alison LeVasseur, Hemant Piduru and Rick Pilch of Alston & Bird LLP is serving as its legal counsel.
L&W Supply Corporation completed the acquisition of all the assets of the Eastern Gypsum Operations from Builders FirstSource, Inc. (NasdaqGS:BLDR) for $76.2 million on July 26, 2021.
Builders FirstSource, Inc. specializes in the manufacture and marketing of building materials and products primarily for the home building sector. Net sales break down by family of products as follows:
- lumber and wood panels (35.6%): wood planks, lumber, wood panelling, bracing, plywood, OSB, etc.;
- manufactured products (25%): wood roof and floor framing, steel roof framing, wall panels, wood flooring, etc.;
- prefabricated windows, doors and joinery products (21.1%);
- specialized building materials and components (18.3%): vinyl, composite and wood siding, exterior trim products, metal studs, cement, insulation products, ceilings, cabinets, etc. In addition, the group offers structural construction, shell construction, design and professional installation services.
At the end of 2022, the group has 569 production sites in the United States.
The United States accounts for all net sales.
BUILDERS FIRSTSOURCE, INC. 
