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Stock impact report

GMS Expands into Kingston, Ontario with Acquisition of Rigney Building Supplies LTD.

GMS Inc. (GMS) 
Last gms inc. earnings: 3/5 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.gms.com
Company Research Source: Business Wire
TUCKER, Ga.--(BUSINESS WIRE)--GMS Inc. (NYSE: GMS), a leading North American specialty distributor of interior building products, today announced that it has acquired Rigney Building Supplies LTD. (“Rigney”), a single-location distributor based in Kingston, Ontario.Founded in 1972, Rigney serves residential and commercial customers in the Greater Kingston, Ontario market, a Top 25 Canadian metropolitan area. Rigney offers a full complement of interior building materials, as well as masonry and landscaping products.The acquisition of Rigney aligns with GMS’s overall acquisition strategy and reflects the long-term strategic importance of the Canadian market. It also represents an extension of GMS’s current service footprint in Southern Ontario under the Watson Building Supplies (“Watson”) brand. The location will continue to operate under the “Rigney” brand, which has served the Kingston market for over 45 years, and will complement Watson’s existing network of six Ontario locations Show less Read more
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