ABC Supply has sold both the assets and branding/distribution rights for Everlast Polymeric Cladding System, the new owner, Chelsea Building Products, announced July 29.
Chelsea has been making Everlast for under a supply agreement for the past seven years and selling it to Norandex Building Materials Distribution. ABC Supply bought Norandex in September 2015.
As Chelsea explained in its press release:
For ABC Supply, this will be a seamless transition into a traditional manufacturer/distributor relationship. Its Norandex business unit will continue to be the sales and marketing arm promoting the Everlast® Polymeric Cladding products across the ABC Supply branch network on behalf of Chelsea Building Products.