Bradco Supply Corp., Avenel, N.J., has signed a definitive agreement to be acquired by ABC Supply Co. Inc., Beloit, Wis., The transaction will create a distributor of exterior building materials with 479 locations in 45 states and the District of Columbia and combined sales of over $4 billion. The acquisition is expected to close by the end of June, after receiving regulatory approvals. Until the close of the transaction, Bradco branches will operate independently of ABC and will continue to provide the same high level of customer service and support for which Bradco is known. “This is an exciting time for all Bradco constituents: our customers, our vendors and especially our employees,” said Larry Stoddard, Bradco’s Chief Executive Officer, “the combination with ABC will create an even stronger company with exciting growth prospects and a continued focus on customer service.”
“The addition of Bradco is consistent with our mission to be the best distributor of exterior building products and one of the very best places to work in America,” said David Luck, ABC Supply’s President and Chief Executive Officer. “We will welcome the addition of Bradco into the ABC family and look forward to the opportunities that this acquisition will create for our associates and the enhanced value it brings to our customers.” www.bradcosupply.com I www.abcsupply.com.