American Securities Closes Acquisition of Foundation Building Materials.
MANews-(C)2009-2021
US private equity firm American Securities LLC has closed its acquisition of US-based specialty building product distributor Foundation Building Materials, Inc (NYSE: FBM), the firm said.
This deal was announced in last November. The all-cash deal is worth USD 1.37bn.
Foundation are distributors of wallboard, suspended ceiling systems, metal framing, and complementary and other products in North America.
Based in Santa Ana, California, the company employs more than 3,300 employees and operates more than 170 branches across the United States and Canada.
Based in New York with...
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