SOURCE: US LBM Holdings, LLC

US LBM

SOURCE: Rosen Materials

Rosen Materials

October 09, 2015 16:49 ET

US LBM Completes Acquisition of CEMEX USA's Gypsum Division in Florida & Alabama

SUNRISE, FL--(Marketwired - October 09, 2015) - US LBM Holdings, LLC ("US LBM") announced today the successful completion of its acquisition of the gypsum business of CEMEX USA.

CEMEX USA's Gypsum Supply Division operates 16 locations throughout Florida and an additional unit in Alabama. Specializing in the distribution of drywall, metal framing and acoustical ceiling products, the business to be acquired carries a full line of wall and ceiling related building materials including lath and trims, joint finishing compounds, finish sprays, fasteners, metal and plastic beads, stucco sand and cement, insulation, tools, and other related products.

"As the housing market continues to expand, Rosen Materials is committed to provide the best quality and most innovative building materials available," said Drew Rosen, President of Rosen Materials. "We are excited to add one of the industry's best teams from CEMEX which will enable Rosen to broaden its capacity to serve the professional contractor and homebuilder in our region."

Originally founded in 1996 by Drew Rosen, Rosen Materials began as a supplier of building materials in South Florida and Las Vegas, Nevada. Rosen quickly grew to become one of the largest privately held gypsum distributors in South Florida. Today, Rosen operates 19 locations across Florida, Georgia, Illinois, Nevada, and New Jersey supplying gypsum, metal framing, sheet goods, cabinets, baths, countertops, stucco, brick, stone, insulation, lumber, and other building materials. www.rosenmaterials.com

US LBM is a collection of leading building material distributors across North America operating 189 locations in 25 states. It is the 3rd largest building products distributor in the United States, and recipient of the 2015 ProSales Dealer of the Year award. US LBM implements the philosophy of local management and leadership to capitalize on the premier reputation of its operating companies and local customer relationships. www.uslbm.com

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