Beacon has acquired Midway Sales & Distributing, a midwest distributor of residential and commercial exterior building and roofing supplies, including an offering of complementary products to contractors, builders, and retail customers. Midway operates 10 locations across Kansas, Missouri, and Nebraska.
“The Midway team looks forward to joining forces with Beacon. Our business has grown successfully since incorporation in 1974 by providing customers with superior service and taking care of our employees,” John Ossello, vice president of Midway said in a news release. “We look forward to the investments Beacon will be able to make that further our partnerships with customers and develop our team’s potential.”
According to Beacon, Midway generated annual sales of approximately $130 million and will help expand the company’s presence in the midwest.
“We are pleased to welcome Midway’s employees and customers to the Beacon team as we help build the next chapter of the company’s store,” Julian Francis, president and CEO of Beacon, said. “Expanding our depth of service in the midwest will bring Midway customers the opportunity to benefit from Beacon’s digital solutions, TRI-BUILT product line, and OTC network. With this acquisition, our strategic initiative for growth takes on a new lever, adding a high-quality team and key locations to further drive our performance.”
Herndon, Va.-based Beacon distributes roofing materials and complementary building products. The company operates over 400 branches throughout all 50 U.S. states and six Canadian provinces.
