March 19, 2007—Beacon Roofing Supply, Inc., announced that it has entered into a definitive agreement to acquire North Coast Commercial Roofing systems, Inc., and certain of its subsidiaries and affiliates, Ohio-based distributor of commercial roofing systems and related accessories, with 16 locations in eight US states.
North Coast has branches in Ohio, Illinois, Indiana, Kentucky, Michigan, New York, Pennsylvania, and West Virginia. There is minimal overlap with Beacon’s existing locations, says Beacon.
According to the announcement, North Coast is the largest distributor of commercial roofing products in the Midwest and also presents Beacon with its first locations in three states: New York, Ohio and West Virginia.
Established in 1986, North Coast employs 197 associates and generated net sales of approximately $253 for its latest completed fiscal year ended March 31, 2006. Along with its product sales, North Coast offers a number of value-added services, including tapered insulation design, crane services for rooftop delivery, and roofing consulting and design services. It will operate as a separate region under the North Coast name with Beacon’s growing family of established regional suppliers of roofing and exterior building materials.
Completion of the acquisition is subject to regulatory and other customary approvals and is expected to occur in early April 2007.
For more information, visit the Beacon Web site.
