Beacon Sells Solar Products Business to BayWa r.e.
HERNDON, Va. — Beacon announced today the completion of the sale of its solar products business (Solar Products)
to BayWa r.e., a leading renewable energy developer, service supplier and systems provider globally and in the Americas.
Beacon’s Solar Products business consists of four dedicated and six shared branch locations where it distributes solar products, including photovoltaic panels, to both residential and commercial contractors. The business was part of the larger Allied Building Products acquisition in 2018. In the year ended Sept. 30, 2021, Beacon Solar Products generated approximately $111 million in net sales, net income of $2.6 million and Adjusted EBITDA of $3.7 million.