GMS Strengthens Michigan Presence with Acquisition of ASI Building Products
Tucker, GA - GMS Inc. (NYSE: GMS), a leading North American distributor of gypsum wallboard and suspended ceiling systems, announced today the acquisition of the Michigan-based ASI Building Products, LLC. (“ASI”).
Founded in 1988, ASI is a leading provider of ceilings and other quality building products serving the Eastern Michigan market through three locations: Saginaw, Southfield and Detroit. ASI distributes interior building products for residential and commercial projects of all sizes.
The addition of ASI’s highly complementary geographic footprint and product offering bolsters GMS’s existing service of the Michigan market, which now totals 16 locations in the state with the completion of this acquisition. ASI majority owner and industry veteran Dave Mayer, along with the entire ASI team, will continue on with GMS going forward.
Mike Brown, Vice President of the Midwest Division of GMS, said, “We are thrilled to welcome ASI Building Products to the GMS family. The acquisition expands GMS’s already strong presence in Michigan with a well-rounded portfolio of high quality products and reinforces the Company’s commitment to excellent customer service.”
Dave Mayer, President of ASI, stated, “The ASI team is excited for the opportunity to join forces with GMS. The combined platform will allow us to further strengthen our local relationships which we have built through more than 35 years of dedicated service to our customers. We are enthusiastic about this next chapter for our business.”
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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