(MENAFN- Baystreet) Walmart Stock Surges on Strong earnings Report
J&J Gains on Buying Protologix
AppTech Products to be Used in InstaCash, Shares
Inc. Higher
Surge in AI Investments Promises Revolutionary Tools for White-Collar Work
Dow Hooks up with Wyoming Previous Articles Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Thursday, May 16, 2024
GMS Buys Yvon
GMS Inc. (NYSE: GMS) shares slid by noon EDT Thursday. The leading North American specialty building products distributor and parent company to Canada GMS, Inc. today announced that it has entered into an agreement to acquire Yvon Building Supply Inc., Yvon Insulation Corporation, Laminated Glass Technologies, Inc., and Right Fit Foam Insulation Ltd.. expanding GMS Canada's services and product offerings in Ontario.
Said GMS Canada President Paul Green, "We are excited to sign this agreement to have Yvon join GMS Canada and our group of strong, in-market branded companies. The Yvon team has served the Ontario building industry for more than a decade and offers a complete package of primary light construction materials. This acquisition is expected to increase our in-market service capability, which should allow GMS Canada to more fully support our growing customers in the rapidly expanding southern Ontario market. Under Tom Scott's leadership, Yvon has built a team and capability driven by core values that align well with those of GMS."
Since its start more than a decade ago, Yvon has been committed to sourcing a wide range of quality products for its customers. What started out as a garage operation has now expanded to multiple locations across Ontario. Yvon offers a full selection of drywall, insulation (including manufacturing and contractor installation services), finishing compound, steel, ceilings, truss core, security mesh, fasteners, FRP, wood flooring, plywood, paint, construction tools and accessories.
GMS shares lost $1.75, or 1.8%, to $94.53.
About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
MENAFN16052024000212011056ID1108223758
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.