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Roofing Supplier News

Acquisition News

US LBM Purchases New Mexico's Raks Building Supply

National building materials distributor expands presence in New Mexico housing market

By Roofing Contractor Staff
US LBM Buys Raks Building Supply.
June 7, 2024

US LBM, a distributor of specialty building materials, announced on Tuesday it had acquired RAKS Building Supply, a provider of building products and manufactured components to builders and contractors throughout central New Mexico. 

Founded in 1986, RAKS offers an extensive portfolio of building supplies, including lumber, floor and roof trusses, windows, doors and hardware. In 2022, LBM Journal recognized RAKS as the publication’s Dealer of the Year, US LBM said in a June 4 news release. 

Headquartered in Los Lunas, RAKS operates five locations throughout the Albuquerque metropolitan area, including an 11-acre full-line building materials yard, home center and truss manufacturing plant in Rio Bravo. There are also full-line yards in Socorro, Edgewood and two in Albuquerque. 

“US LBM has an outstanding track record of partnering with the best local building materials suppliers, and we’re excited for the enhanced value and greater opportunities this partnership will create for our associates, customers and the community,” said Richie Tabet, who, along with Kenny and Bobby Trujillo, will continue to lead RAKS’ day-to-day operations. 

With the acquisition of RAKS, US LBM now operates 12 locations across New Mexico.

“RAKS Building Supply has a well-earned reputation for providing customers in New Mexico with exceptional products and service, and we’re pleased to welcome them to the US LBM family,” said US LBM President and CEO L.T. Gibson. 

“The Albuquerque region continues to see high demand for housing, and with continued low inventory levels, the addition of RAKS expands our network into a strong market that will continue to grow,” he added.

For more information, visit uslbm.com.

KEYWORDS: mergers and acquisitions New Mexico US LBM

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Roofing Contractor editor-compiled stories, staff reports and industry news releases.

To submit news or for corrections, contact Tanja Kern, Strategic Content Editor, at kernt@bnpmedia.com.

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