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Benzinga
Benzinga
Business
Akanksha Bakshi

Beacon Acquires Complete Supply For Undisclosed Sum

Beacon Nasdaq Chicago Illinois Willowbrook (Geopolitical Entity)
  • Beacon Roofing Supply, Inc. (NASDAQ:BECN) has acquired Complete Supply, Inc., an independent distributor of residential roofing and exterior building supplies to contractors and homebuilders in Willowbrook, Illinois. Financial terms were not disclosed.
  • This acquisition expands Beacon's presence in Chicago.
  • "With this acquisition, we continue to expand our footprint and drive toward achieving our Ambition 2025 growth targets," commented Jake Gosa, Beacon's President, North Division.
  • Beacon held cash and equivalents of $52.4 million as of March 31, 2022.
  • Price Action: BECN shares are trading higher by 0.97% at $62.01 on the last check Wednesday.
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