"Existing Sidewinder Supply associates will remain at the location, including branch manager Wayne Margeson, who will continue to oversee all branch operations, providing a seamless transition for existing customers," Beloit, Wis.-based ABC Supply said in a statement.
This is ABC's first deal since its blockbuster Aug. 29 announcement it had reached a deal to buy USG's L&W Supply distribution unit--the No. 9 dealer on the ProSales 100--for $670 million in cash. The deal--which brings together the largest roofing specialists with one of the country's largest drywall specialty distributors--should close by year-end, the companies said in a news release.
ABC is the nation's largest roofing distributor and ranks No. 1 on the ProSales 100, with $5.9 billion in sales in 2015.