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BRIEF-Foundation Building Materials ‍completes acquisitions of 2 building product distributors​
November 2, 2017 / 1:20 PM / 16 days ago

BRIEF-Foundation Building Materials ‍completes acquisitions of 2 building product distributors​

Nov 2 (Reuters) - Foundation Building Materials Inc:

* Foundation Building Materials Inc - ‍completed acquisitions of two specialty building product distributors in Texas and Ontario, Canada​

* Foundation Building Materials Inc - ‍terms of transactions were not disclosed​

* Foundation Building Materials Inc - ‍expects that 2 acquired co’s will collectively contribute estimated $10-$12 million in annual net sales beginning 2018​

* Foundation Building Materials Inc - expects acquisitions to be immediately accretive to bottom-line benefit due to scale and cost savings​ Source text for Eikon: Further company coverage:

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