Items filtered by date: Tuesday, 08 August 2017
GMS purchases ASI Building Products 08 August 2017
US: Gypsum Management & Supply, Inc. (GMS), a distributor of gypsum wallboard, suspended ceiling systems and interior construction products, has acquired ASI Building Products, LLC, a provider of ceilings and building products. Both the companies are based in the US. Following the transaction, ASI Building Products majority owner and industry veteran Dave Mayer, along with the entire ASI team, will continue on with GMS going forward.
The acquisition will allow GMS to expand its presence in Michigan, with a portfolio of quality products and reinforces its commitment to customer service.
Reconstruction helps Eternit in Peru 08 August 2017
Peru: The local arm of global building materials manufacturer Eternit has recorded a 39% increase in sales in Peru during the first half of 2017 due to greater sales volumes in many of the company's main lines. This includes gypsum wallboard sales and sales of temporary housing modules to the Peruvian State as part of the government's reconstruction of areas damaged by floods in March 2017. While high prices of plaster and fibreglass benefitted the firm in the first half, Eternit expects prices to fall during the second half of 2017.