Sunrise, Florida-based Rosen Materials and Dayton, New Jersey-based Direct Cabinet Sales are the latest building products companies to join the US LBM family of companies.
The Rosen acquisition increases US LBM’s total wallboard and related specialty product revenue to more than $280 million. Meanwhile, the DCS deal broadens the company's presence and capabilities in the Northeast and Florida cabinetry markets.
Specific terms of the deals were not released.
“We are so pleased to be aligning ourselves with an organization with such an exceptional standing in our industry,” said Drew Rosen, president of Rosen Materials. “We look forward to working with the US LBM team to expand our footprint and product offerings.”
Originally founded in 1996 by Drew Rosen, Rosen Materials supplied South Florida and Las Vegas. It quickly became one of the largest privately held gypsum distributors in South Florida. Today it operates 19 locations across Florida, Georgia, Illinois, Nevada and New Jersey.
“The addition of Rosen continues our strategy to diversify from both a product and geographical perspective,” said L.T. Gibson, president and CEO of US LBM. “Rosen Materials has a proven team which complements the US LBM culture. We look forward to partnering with the Rosen associates to continue on their path of growth and success.”
In addition to gypsum, Rosen’s product mix includes metal framing, sheet goods, kitchens, baths, countertops, stucco, brick, stone, insulation and lumber.
The acquisition of Rosen Materials emphasizes US LBM’s commitment to expansion of its wallboard line, along with other specialty product categories. The company’s $280 annual sales in this area comes from Rosen in addition to Richardson Gypsum, Wallboard Supply Company, Feldman Lumber and American Masons.
The company says it continues to look to acquire more Southern-based distributors and make other partnerships to expand its footprint throughout the United States.
Meanwhile, Direct Cabinet Sales designs, installs and distributes kitchen cabinetry and related products in the Northeast and Florida markets. It operates five showrooms and a distribution center in New Jersey, as well as a showroom in Boca Raton, Florida. The company's founder, Joe DeMussi, will continue in his current role as president, leading day-to-day operations.
"We had several options of who to partner with and strongly feel that US LBM gives us the best opportunity to grow our business, increase our geographical footprint and continue to be the market leader in our industry," DeMussi said, in a prepared statement.