Industry News

FBM Buys 2 Distributors

Foundation Building Materials, Tustin, Ca., has acquired an independent drywall distributor in Colorado and an independent tool and fastener wholesaler in Washington.

Foundation Building Materials, Tustin, Ca., has acquired an independent drywall distributor in Colorado and an independent tool and fastener wholesaler in Washington.

Added were Joe’s Wallboard Supply, Colorado Supply, Co., founded in 1997, and The Supply Guy, Lakewood, Wa.

“With the closing of these transactions, FBM enters the growing Colorado Springs market and builds its complementary products business in the Pacific Northwest,” said FBM CEO Ruben Mendoza. “These two companies have a strong and successful history, largely created by the talent of their management and employees and long-standing customer relationships.”

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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