a publicly-traded specialty wholesale distributor of roofing, waterproofing and related exterior products announced the results of its footprint expansion initiatives during the fourth quarter of 2024.
Aligning with M&A growth goals, Beacon acquired Ryan Building Products in Westwood, MA and Fairway Wholesale Distribution in South Hadley, MA. Founded in 1979, Ryan Building Products specializes in seamless metal gutter fabrication and delivery. Fairway Wholesale Distribution has been serving lumberyard customers for nearly five decades. Both companies bring tenured and knowledgeable teams with a strong service record.
To better serve customers in the St. Louis and Nashville markets. Beacon opened greenfield locations in聽听补苍诲听. Contractors in these areas now have more convenient Beacon branches to serve them with residential, non-residential and complementary building products including Beacon鈥檚 own TRI-BUILT聽line.
Beacon continues to drive above market growth via footprint expansion through acquisitions and new greenfield branches. Adding locations and teams to deepen customer service is an important element of our Ambition 2025 plan. Beacon exceeded its Ambition 2025 revenue and shareholder return targets in 2023 and continues to advance on achieving its full potential.
