US LBM to Sell Feldman Lumber, Rosen Materials and Wallboard Supply

US LBM announced that it has reached a binding agreement to sell three of its operating divisions, Feldman Lumber, Rosen Materials, and Wallboard Supply Company, as well as their subsidiaries Coastal Roofing Supply, Eastern Wallboard Supply, and Richardson Gypsum, to L&W Supply.

L&W Supply is a division of ABC Supply.

In 2014, US LBM bought Feldman Lumber and Wallboard Supply, and in 2015, Rosen Materials.

These divisions and subsidiaries currently operate 42 facilities in 12 states, selling and distributing interior building supplies such as wallboard, acoustical ceilings, and steel framing.

“The alignment of L&W Supply’s product focus with that of Feldman Lumber, Rosen Materials and Wallboard Supply will be a great benefit for the customers and associates of these divisions,” L.T. Gibson, President and CEO of US LBM.

“Upon completion of this transaction, US LBM will remain well positioned to continue our growth through product category expansion, strategic acquisitions and greenfield development, while continuing to provide our customers a full line of specialty building products.”

The acquisition is expected to occur in the second quarter of 2023, subject to usual closing conditions, including regulatory scrutiny.