Beacon Acquires Crabtree Siding and Supply

Crabtree is a wholesale distributor of residential exterior building materials. Financial terms were not disclosed.

Beacon

January 3, 2022

1 Min Read
Mergers and acquistions
Alamy

Beacon said it acquired Crabtree Siding and Supply, a wholesale distributor of residential exterior building materials, including a broad offering of complementary products, to contractors and homebuilder customers, effective Jan. 1, 2022. 

Crabtree (Cookeville, Tennessee) has built a strong reputation for long-term mutually beneficial relationships with customers and suppliers, reaching annual sales of approximately $1 million. 

“Joining forces with Beacon is a step ahead for our customers,” said owner Donna Crabtree. “We have grown the business from humble beginnings by working hard and treating customers right, and it’s clear that those values are inherent at Beacon.” 

“[Crabtree's] history of excellent customer service and supplier relations, combined with a superior location, will allow us to further grow Beacon’s presence in Tennessee, particularly this important but underserved area of the state,” added Munroe Best, president, South Division Beacon. 

Financial terms were not disclosed.

About the Author

Beacon

Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of roofing materials and complementary building products in North America, operating over 400 branches throughout all 50 states in the U.S. and six provinces in Canada. Beacon serves an extensive base of over 90,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. 

Subscribe to get the latest information on products, technologies and management.
Join our growing community and stay informed with our free newsletters.

You May Also Like