SRS Distribution, a leading distributor of residential and commercial building products in the United States, has entered into a definitive agreement with The Home Depot for acquisition at $18.25 billion. SRS Distribution is the portfolio company of Leonard Green & Partners and Berkshire Partners. The deal was announced through press releases by both companies. SRS…
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Saint-Gobain to buy Australian building products firm CSR for A$4.5bn
LONDON, UK: French construction giant Saint-Gobain announced on Wednesday that it has agreed to acquire CSR Limited, a leading Australian building products company, for A$9.00 per share in cash, valuing the deal at A$4.5 billion (c. €2.7bn). The acquisition will give Saint-Gobain a strong foothold in the attractive Australian construction market, which is driven by…
Beacon acquires Metro Sealant, expands waterproofing division
Beacon, a leading distributor of building products, announced the acquisition of Metro Sealant, a company that provides sealant and waterproofing solutions for commercial construction. The deal strengthens Beacon’s position as a national leader in specialty waterproofing. Metro Sealant, founded in 1989, has four branches in Virginia and Maryland, and serves contractors, design professionals, and owners…