Beacon Roofing Supply Inc. Announces Strategic Acquisition
Beacon Roofing Supply Inc., Peabody, Mass., announced the acquisition of JGA Corp., Atlanta. JGA operates eight facilities in Georgia and Florida, offering a comprehensive line of residential and commercial roofing products and other complementary building products. JGA presents an opportunity for Beacon to expand its distribution business into Georgia and Florida, which are projected to be some of the fastest growing markets in the United States over the next two to three years.
Consistent with Beacon's other successful acquisitions, the JGA facilities will continue operating under their local identity to continue the close relationships they have developed with their customers. JGA was founded in 1977 and generated net sales of approximately $74 million for the year ended December 31, 2003.