Foundation Building Materials, one of the largest specialty distributors of wallboard, suspended ceiling systems and mechanical insulation in North America, announced on August 1, 2017 that it completed the acquisition of American Wal-Board, LLC.
Founded in 1995, American Wal-Board is an independent distributor of drywall, steel framing, insulation, roofing and fireplace products. Led by a strong management team, American Wal-Board operates one branch in Tennessee and one branch in Mississippi.
“Today’s announcement is another strategic acquisition for FBM,” said Ruben Mendoza, FBM’s Chief Executive Officer. “By adding American Wal-Board, we gain entry into a new market in Mississippi and expand our footprint in Tennessee. FBM’s development team sourced and closed this important addition to our company, which we expect to be fully integrated into our organization within ninety days. We welcome the American Wal-Board team to the Foundation family and look forward to integrating their two branches into our company.”