Roofing Supply Group Announces Acquisition of Supreme Metal Products and Exterior Building Supply in Tuscaloosa, Alabama
DALLAS, Aug. 13, 2013 /PRNewswire/ -- Roofing Supply Group, LLC ("RSG"), a national leader in the wholesale distribution of roofing supplies and related building materials, announced today that it has purchased the business of Supreme Metal Products ("Supreme"), a complete metal roofing manufacturer and distributor of residential and commercial roofing products, and Exterior Building Supply ("EB Supply"), a distributor of siding, windows, columns, shutters, and trim. Both companies are headquartered in Tuscaloosa, Alabama and will be combined to operate under the name Supreme Building Products, an RSG company.
Cret Shamblin, co-owner of Supreme and EB Supply, will be joining RSG as the Branch Manager and will continue to run the location going forward. Shamblin will report directly to Tim Perryman, Senior Vice President. This 18th branch in the Southeast Region, along with RSG's other location in Birmingham, will allow the company to significantly grow its territory in Alabama and surrounding states.
Shamblin said, "All of us at Supreme and EB Supply look forward to becoming part of the RSG team. We view this acquisition as an opportunity to better serve our current customer base as well as expand our footprint in the roofing and building products industry throughout the Southeast."
President and CEO, Mike Farrell, added, "We are very pleased to announce the acquisition of Supreme and EB Supply and to welcome their experienced teams to the RSG family. We would like to thank Mr. Shamblin for choosing to align with RSG and for bringing his teams' metal roofing expertise into our fold. We look forward to their continued leadership and commitment to excellence as we further strengthen our presence in the Southeast Region and take a noteworthy step in our nationwide expansion efforts."
The announcement of this latest acquisition advances RSG's overall expansion initiative which includes organic growth, opening of new locations and strategic acquisitions.
About Roofing Supply Group
Owned by parent company Clayton, Dubilier & Rice, LLC, Roofing Supply Group, LLC ("RSG") is headquartered in Dallas, Texas, and is one of the largest wholesale distributors of roofing supplies and related materials in the United States. Through its network of 64 locations in 24 states nationwide, RSG provides one-step distribution services from roofing product manufacturers to roofing contractors and homebuilders. Each branch carries a complete line of roofing products for residential and commercial roofing, including composition asphalt shingles, underlayment and associated ancillary products. For more information regarding Greenfields & Acquisitions, please contact Jeff Clay, Vice President Strategic Planning & Corporate Development, at [email protected] or 214.956.5184.
About Clayton, Dubilier & Rice
Founded in 1978, Clayton, Dubilier & Rice is a private equity firm with an investment strategy predicated on producing financial returns through building stronger, more profitable businesses. The Firm's partners and advisors include a combination of skilled investment decision-makers and seasoned corporate leaders from major global enterprises. Since inception, CD&R has managed the investment of more than $18 billion in 56 businesses with an aggregate transaction value of approximately $90 billion. The Firm has offices in New York and London. For more information, please visit http://www.cdr-inc.com/.
SOURCE Roofing Supply Group, LLC
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