QXO, Inc.'s $11B offer to acquire Beacon was rejected as “undervalued.” The high-stakes bid could reshape the building materials sector with a looming proxy fight possible. Who will prevail in this corporate chess match?
Enable says the acquisition addresses the growing demand for end-to-end digitalization of pricing and rebate processes, allowing businesses to navigate market volatility.
QXO, Inc. publicly offered to acquire Beacon for $124.25 per share in cash, valuing the deal at $11 billion — 37% above Beacon’s 90-day average price — and is seeking shareholder consideration.
BlueLinx and LP expand their partnership by adding LP SmartSide Siding Solutions to locations in Monroe, La., and Little Rock, Ark., increasing BlueLinx's distribution footprint to 17 sites.
IKO plans to open a $120M granule facility in Bismarck, Mo., creating 50-plus jobs and supporting its U.S. shingle plants; the project is set to open in 2026.
ABC Supply is being honored for its contributions to the distribution industry, including the NAW's Litigation and Policy Center and multiple philanthropic endeavors.
IMETCO marked 30 years in 2024, evolving from a metal roofing firm to a premier cladding and roof deck manufacturer with diverse offerings and nationwide facilities.