QXO’s $11B acquisition of Beacon aims to transform the roofing supply chain with AI, tech upgrades, and employee-driven insights — promising streamlined operations and growth. What’s next for contractors?
Duro-Last announced several leadership promotions and new hires aimed at driving innovation, strengthening operations and supporting contractor success in the commercial roofing market.
ABC Supply promotes Seth Harcus to Eastern Canada district manager, citing his industry expertise, leadership, and commitment to customer partnerships.
Brad Jacobs’ QXO acquisition of Beacon Building Products marks a turning point for over 8,000 employees, offering a fresh start, financial strength, and new growth opportunities.
James Hardie is set to acquire AZEK for $8.75B, merging to create a leading exterior and outdoor living brand; the deal is set to close in the second half of 2025.
ARI-HETRA has launched the WS-25EV-E and WS-25EV-P lifts, which are designed for efficient, safe EV battery handling in fleet maintenance, minimizing downtime and ensuring mobility in the shop.
Beacon posted record Q4 net sales of $2.40B, up 4.5%, and full-year sales of $9.8B, despite EPS falling short. Strong EBITDA, acquisitions and expansions bolstered its Ambition 2025 strategy.
Beacon expands its footprint with four greenfield branches in Indiana, Wisconsin, Florida, and Texas, enhancing service for roofing contractors and advancing its Ambition 2025 plan.
QXO extended its tender offer for Beacon to March 3, citing shareholder interest, while Beacon's board rejects the bid as undervaluing the company; analysts debate its potential impact.