Beacon acquires Crabtree Siding & Supply
Beacon, the roofing and exterior building products distributor, has begun the new year with the acquisition of Crabtree Siding and Supply.
Announced on Dec. 31, the move was effective Jan. 1. The financial terms of the deal were not disclosed.
Crabtree is a wholesale distributor of residential exterior building materials, including a broad offering of complementary products, to contractors and homebuilder customers. The company has annual sales of approximately $1 million.
According to Beacon, Crabtree’s Cookeville, Tenn. location is ideal and strategically located in the growing market between Nashville and Knoxville.
“Joining forces with Beacon is a step ahead for our customers,” said Donna Crabtree, Crabtree owner. “We have grown the business from humble beginnings by working hard and treating customers right, and it’s clear that those values are inherent at Beacon.”
“We are pleased to welcome Crabtree to Beacon’s team,” said Munroe Best, president, of Beacon’s South Division. “Their history of excellent customer service and supplier relations, combined with a superior location, will allow us to further grow Beacon’s presence in Tennessee, particularly this important but underserved area of the state.”
Based in Herndon, Va., Beacon operates more than 400 locations in the United States and Canada.