GMS Expands Mid-Atlantic Presence with Acquisition of Leading Pennsylvania Drywall Distributor
Tucker, Georgia – GMS Inc. (NYSE:GMS), a leading North American distributor of gypsum wallboard and suspended ceiling systems, announced today its acquisition of Steven Kempf Building Material Company (“SKBM”), headquartered in King of Prussia, Pennsylvania.
Founded in 1994, SKBM expanded to become a leading supplier of drywall, ceilings, steel studs and related construction products to professional contractors in the greater Philadelphia metro area. SKBM services large and small projects with a strong focus on commercial and multi-family residential end markets.
SKBM operates from a 132,000 square foot state-of-the-art facility, situated in an excellent location with convenient access to serve downtown Philadelphia and surrounding markets.
During its more than 20-year operating history, SKBM has developed a strong reputation for customer service and breadth of products. The entire SKBM team will join GMS, including its founder and President, Steven F. Kempf.
Mr. Kempf stated, “We are excited to join the GMS family. With more than 20 years of dedicated service, we have grown into an industry leader with deep-rooted customer relationships in our markets. Our success is due to our commitment to provide unsurpassed service, quality products and long term relationships to our customers. GMS shares these core principles and provides a perfect fit for the next chapter of our growth.”
Mike Anderson, Vice President of the Northeastern division of GMS, echoed Mr. Kempf’s excitement, “We are thrilled to welcome the SKBM team into the growing GMS family. SKBM is a leading commercial distributor of drywall, steel studs and insulation, as well as a leading distributor of ceilings in the Philadelphia metro area. The expansion of GMS in Pennsylvania plays an important role as we continue to grow in the Mid-Atlantic region. With our national network and their loyal customer base, we expect our expanded regional footprint to continue to be successful for years to come.”
Founded in 1971, GMS operates a national network of distribution centers across the United States. GMS’s extensive product offering of wallboard, suspended ceilings systems, or ceilings, and complementary interior construction products is designed to provide a comprehensive one-stop-shop for our core customer, the interior contractor who installs these products in commercial and residential buildings. For more information about GMS, please visit www.GMS.com
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