TopBuild to Acquire Shannon Global Energy Solutions
TopBuild Corp. (BLD)
NASDAQ:AMEX Investor Relations:
topbuild.com/investors/overview/default.aspx
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Source: GlobeNewswire
Thermal Acoustic Blanket Insulation Fabricator Strengthens TopBuild’sMechanical Insulation Offerings for Commercial and Industrial Customers;Approximately $11 Million in Annual Revenue DAYTONA BEACH, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire Shannon Global Energy Solutions, based in North Tonawanda, N.Y., with approximately $11 million in annual revenue. Shannon Global, with a 36-year history of success, designs and fabricates reusable thermal, acoustical and safety products for many large multinational customers. The transaction is expected to close in the fourth quarter. Robert Buck, President and CEO of TopBuild, said, “We are excited to further build our capabilities in mechanical insulation and expand our fabrication offerings to the commercial and industrial e
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