Beacon Roofing Supply acquires roofing products distributor The Roofing Connection, expanding into Nova Scotia
Lorena Madrigal
PEABODY, Massachusetts
,
October 17, 2011
(press release)
–
Beacon Roofing Supply, Inc. (Nasdaq: BECN) ("Beacon" or "the Company") announced today that it has acquired The Roofing Connection, a distributor of mostly residential roofing products and related accessories with one location in the Halifax suburb of Dartmouth, Nova Scotia. The Roofing Connection will be operated as part of Beacon Roofing Supply Canada Company.
Cheryl O'Brien, co-founder of The Roofing Connection with her husband Pat, stated "Pat and I are thrilled to join the Beacon family, which will allow The Roofing Connection to better serve our customers and expand our product offerings. Joining Beacon will enable us to grow our business both in Halifax and throughout the Province and presents greater career growth opportunities for our employees. We are excited about our future with Beacon."
Paul Isabella, Beacon's CEO and President, emphasized the strategic fit of the acquisition and the compatibility of the two companies and stated, "The Roofing Connection has a track record of strong performance and provides us with an excellent opportunity to expand into the capital of Nova Scotia Province, giving Beacon a coast-to-coast presence in Canada. We welcome The Roofing Connection to the Beacon team."
About Beacon Roofing Supply Inc.: Beacon Roofing Supply, Inc. is a leading distributor of roofing materials and complementary building products operating 187 branches in 37 states in the United States and in Canada. Website: www.beaconroofingsupply.com.
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