GMS Expands Presence in South Texas with Acquisition of the Acoustical and Drywall Supply Operations of J.P. Hart Lumber Company
GMS Inc. (GMS)
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Source: Business Wire
TUCKER, Ga.--(BUSINESS WIRE)-- GMS Inc. (NYSE:GMS), a leading North American specialty distributor of interior building products, today announced that it has acquired the acoustical and drywall operations of J.P. Hart Lumber Company (“Hart Acoustical & Drywall Supply” or “HADS”) in San Antonio, TX. Hart Acoustical & Drywall Supply distributes drywall, metal studs, insulation and ceiling tiles through two locations in San Antonio, TX and one location in La Feria, TX. HADS will become part of GMS subsidiary, Lone Star Materials, Inc. (“Lone Star”). The acquisition of HADS will enhance Lone Star’s existing South Texas distribution network, which includes legacy locations in San Antonio, TX, Austin, TX and Laredo, TX. Post-closing, the HADS operations will transition to the Lone Star brand. Greg Wright, CEO of J.P. Hart Lumber Company, commented, “We are very pleased that GMS, who shares our
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News
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- GMS Inc. (NYSE: GMS) had its price target lowered by analysts at Barclays PLC from $81.00 to $80.00. They now have an "equal weight" rating on the stock.MarketBeat
GMS
Earnings
- 8/29/24 - Miss
GMS
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- 11/8/24 - Form SC
- GMS's page on the SEC website