Asphalt roofing shipments dipped in Q4 2024, continuing a seasonal trend, but the year saw record highs in several categories, including the strongest year for U.S. shingle shipments since 2017 despite growing interest in roofing materials like metal.
After QXO bypassed Beacon's Board of Directors and took its offer directly to shareholders, Beacon swallowed a 'poison pill' to thwart a hostile takeover attempt
Beacon Building Supply adopted a 'poison pill' defense after QXO took its $11B offer directly to shareholders; the move by Beacon allows shareholders to dilute QXO’s stake if it acquires 15% or more. Discover the latest moves.
Convoy Supply named Jean-Marc Sager as president and CEO, succeeding Martin Côté. With 30+ years of global experience, Sager aims to drive growth and efficiency.
An analysis by three investment banks reflects Beacon’s strong market positioning, the strategic implications of the acquisition, and the importance of maximizing shareholder value through careful negotiation
QXO set a Feb. 24 deadline for its $124.25/share bid for Beacon, but analysts value BECN at $130–$136, suggesting upside potential. A higher offer or strategic alternatives may better serve shareholders.
Beginning his building materials career in 1985, Buchman is now taking on a leadership position with the NEMEON cooperative of independent roofing and siding distributors.
Beacon honored five supplier partners for their 2024 excellence: CertainTeed was named Supplier of the Year; AccuLynx, LP, Owens Corning, and Penske also took honors, celebrating innovation, service, and shared values.
Polyclass unveiled TECNOCOAT, a versatile, fast-curing waterproofing and traffic coating portfolio offering seamless, durable, fully bonded membranes for diverse applications.