GMS Inc. (NYSE: GMS), a North American specialty building products distributor, has agreed to acquire Kamco Supply Corporation and affiliates. The transaction is expected to close during the fourth quarter of fiscal 2024 for GMS, which ends on April 30, 2024.
Don’t miss any content from Distribution Strategy Group. Join our list.
Headquartered in Brooklyn, N.Y., Kamco is a supplier of ceilings, wallboard, steel, lumber and other related construction products. The company operates five distribution facilities in the Greater New York City area and services the New York metro and tri-state area. For the 12 months ended June 30, 2023, Kamco recorded revenues of $245 million.
The company will continue to operate under the Kamco brand as it has for over 80 years.
GMS expects to capitalize on cross-selling opportunities with Kamco and GMS’s other operations in the region, including the recently acquired Tanner Bolt and Nut Inc. business.
GMS operates a network of over 300 distribution centers with product offerings of wallboard, ceilings, steel framing and complementary products. In addition, GMS operates more than 100 tool sales, rental and service centers, providing solutions for its residential and commercial contractor customer base across the U.S. and Canada.
