WASHINGTON (dpa-AFX) - Roofing materials distributor Beacon Roofing Supply Inc. (BECN) announced Friday the acquisition, effective January 1, 2022, of Crabtree Siding and Supply, a wholesale distributor of residential exterior building materials, including a broad offering of complementary products, to contractors and homebuilder customers. The financial terms of the deal were not disclosed.
Crabtree has a strong reputation for long-term mutually beneficial relationships with customers and suppliers, reaching annual sales of approximately $1 million. Their Cookeville, Tennessee location is strategically located in the growing market between Nashville and Knoxville.
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