Beacon Acquires Exeltherm Supply Inc.SOMERVILLE, Mass.--(BUSINESS WIRE)--Oct. 5, 1999-- Beacon Holding Corp. announced today the acquisition of Exeltherm Supply Inc., a Canadian commercial roofing distribution business, by Beacon Roofing Supply Co., the Canadian subsidiary of its Beacon Acquisition Inc.. The transaction became effective September 27, 1999. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Andrew Logie, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Beacon Holding Corp., the addition of Exeltherm Supply gives his firm expanded coverage of the primary distribution points of Canada's commercial roofing market. Exeltherm's president and CEO, Jan Oosterwaal, states this new business combination will create an unparalleled force in the northeastern portion of the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. roofing market. Exeltherm Supply was established in 1994 and will maintain its local identity under Beacon. Exeltherm's largest distribution center is located outside of Toronto and at present it's most western branch is located in Winnipeg, Manitoba. Beacon Holding Corporation consists of regional suppliers of quality roofing and building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . It has a presence in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , where it originated, with the venerable Beacon Sales Company founded in 1928 and in the mid-Atlantic states with Quality Roofing Supply Co., Inc., Groupe Bedard in eastern Canada, and now Exeltherm. "Our strategy is to achieve operational efficiencies through back-office consolidation while our quality regional distributors maintain their local identity and customer relationships," said Logie. Beacon has plans for continued acquisitions in other regions of the continent. |
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