Beacon Building Products (NASDAQ: BECN) announced the acquisition 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 acquisition was effective as of Jan. 1, 2022.
“Joining forces with Beacon is a step ahead for our customers,” said Donna Crabtree, Crabtree’s owner. “We have grown the business from humble beginnings by working hard and treating customers right, and it’s clear that those values are inherent at Beacon.”
Crabtree has built a strong reputation for long-term mutually beneficial relationships with customers and suppliers, reaching annual sales of approximately $1 million. Their Cookeville, Tenn. location is strategically located in the growing market between Nashville and Knoxville.
“We are pleased to welcome Crabtree to Beacon’s team. Their history of excellent customer service and supplier relations, combined with a superior location, will allow us to further grow Beacon’s presence in Tennessee, particularly this important but underserved area of the state,” said Munroe Best, president, South Division Beacon.