PEABODY, Mass.--(BUSINESS WIRE)--Sept. 8, 2005--Beacon Roofing
Supply, Inc. (Nasdaq: BECN) ("Beacon") announced today the acquisition
of Commercial Supply, Inc. ("CSI"), a distributor of complementary
building products with one small location in Holyoke, Mass.
CSI is a successful company and represents an excellent
opportunity for Beacon to introduce its full product line and expand
its distribution business further into the Western Massachusetts and
Northern Connecticut markets. CSI's sales volume for their most recent
fiscal year ended December 31, 2004 was $1.4 million. CSI was founded
in 1991 as Commercial Fastener & Supply.
Steven Grande, manager and prior owner of CSI, stated, "We are
excited about joining a large and growing public company like Beacon
and expanding their business in our market. We look forward to
offering their full product assortment and services to our customers."
Bill Logie, Beacon's New England Regional VP, stated, "CSI has an
excellent customer base and selection of complementary building
products that will further benefit from Beacon's extensive line of
building products and services. We are pleased to welcome them into
the Beacon family."
About Beacon Roofing Supply Inc.:
Beacon Roofing Supply, Inc. is a leading distributor of roofing
materials and complementary building products operating 83 branches in
16 states in the Northeast, Mid-Atlantic, Southeast and Southwest
regions of the United States and in Eastern Canada.
Forward-Looking Statements:
This release contains information about management's view of the
Company's future expectations, plans and prospects that constitute
forward-looking statements for purposes of the safe harbor provisions
under The Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those indicated by such
forward-looking statements as a result of various important factors,
including, but not limited to, those set forth in the "Risks Relating
to Our Business and Industry" section of the Company's latest Form
10-K. In addition, the forward-looking statements included in this
press release represent the Company's views as of the date of this
press release and these views could change. However, while the Company
may elect to update these forward-looking statements at some point,
the Company specifically disclaims any obligation to do so other than
as required by federal securities laws. These forward-looking
statements should not be relied upon as representing the Company's
views as of any date subsequent to the date of this press release.
CONTACT: Beacon Roofing Supply, Inc.
Dave Grace, 978-535-7668 x14
SOURCE: Beacon Roofing Supply, Inc.