ABC Supply Co. Inc. Completes Acquisition of Bradco Supply Corp.
BELOIT, Wis., July 1 /PRNewswire/ -- ABC Supply Co. Inc. has finalized its purchase of Bradco Supply Corp. The acquisition of Avenel, N.J.-based Bradco is the largest in ABC Supply's history and adds 129 locations in 30 states to the ABC Supply roster. With these additions, ABC Supply now has 479 locations in 44 states and the District of Columbia, and sales of more than $4 billion.
ABC Supply is the largest wholesale distributor of roofing in the United States and one of the nation's largest distributors of siding, windows and other select exterior building products.
"We are excited to begin this new chapter in our history," said Diane Hendricks, ABC Supply's owner, co-founder and Chairman of the Board. "ABC Supply and Bradco share a commitment to serving professional contractors. That focus makes our combined organizations a great fit, and we're confident that, together, our two companies will create enhanced opportunities for our associates and bring new benefits to our customers."
"We are working hard to ensure a smooth transition for our associates and customers alike," said David Luck, ABC Supply's President and Chief Executive Officer. "We are looking forward to sharing ABC Supply's residential strength with Bradco and having Bradco share their commercial strength with ABC Supply. We believe that the combined company gives us a more balanced product and service offering for our customers."
About ABC Supply Co. Inc.
Headquartered in Beloit, Wis., ABC Supply was founded by Ken and Diane Hendricks in 1982 and is dedicated exclusively to serving professional contractors. A four-time winner of the Gallup Great Workplace Award, ABC Supply has distinguished itself by following a simple guiding principle – take care of contractors better than any other distributor. It accomplishes this by being a "people-first" company that treats its associates with respect and gives them the tools they need to succeed. More information is available at www.abcsupply.com.
SOURCE ABC Supply Co. Inc.
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