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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Beacon Roofing Supply Inc | NASDAQ:BECN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.86 | -0.88% | 96.84 | 96.28 | 97.35 | 98.62 | 96.43 | 97.93 | 328,000 | 01:00:00 |
Bakersfield, CA, contractors to benefit from additional products and services
Beacon (Nasdaq: BECN) announced today that it has completed the acquisition of H&H Roofing Supply, LLC (“H&H Roofing”) of Bakersfield, CA.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231101272678/en/
H&H Roofing has a 20-year history serving the Bakersfield community. “Joining forces with Beacon is a great fit for our contractors and employees,” commented Scott Hill, owner of H&H Roofing. “Contractors will continue to have a partner with relentless focus on customer service as well as benefit from the Beacon’s PRO+ app and TRI-BUILT private label products.”
“We are thrilled to deepen our presence in the Central Valley and add Bakersfield to our service area in California where we now have 33 branches. Scott and the H&H Roofing team have established a tremendous foundation of roofing expertise and service reliability to drive further growth,” added Nevin Holly, Beacon’s Regional Vice President, Pacific.
Year to date in 2023, Beacon has expanded its branch footprint through the completion of nine acquisitions and the opening of 19 new greenfield locations. Serving customers via these additional locations aligns with our Ambition 2025 goals to drive above-market growth.
About Beacon Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 500 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231101272678/en/
INVESTOR CONTACT Binit Sanghvi VP, Capital Markets and Treasurer Binit.Sanghvi@becn.com 972-369-8005
MEDIA CONTACT Jennifer Lewis VP, Communications and Corporate Social Responsibility Jennifer.Lewis@becn.com 571-752-1048
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