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ProBuild Buys Another
ProBuild Holdings, the nation’s largest supplier of building materials to professional contractors, announced recently it has purchased the assets of Columbus, Ohio-based Khempco Building Supply. Well known for its expertise in distribution, manufacturing and installed sales, Khempco is comprised of a lumberyard and truss facility located in Delaware, Ohio, a truss plant located in Dry Ridge, Ky., and a commercial door facility located in Columbus, Ohio. Terms of the sale have not been disclosed.
“We are pleased to welcome the employees of Khempco to ProBuild,” said Dale Kukowski, president ProBuild North Region. “The addition of Khempco fortifies ProBuild’s position in the Ohio market while strengthening our manufacturing and installed sales capability. Khempco’s trading area compliments ProBuild’s existing coverage, allowing our customers to benefit from the availability of additional products and services Khempco has to offer.”
“Our employees are looking forward to becoming an important extension of the ProBuild team,” said Donnie Bowman, president of Khempco Building Supply. “Working with ProBuild leadership, our management looks forward to joining the ProBuild team to take full advantage of the opportunities in our markets.”
“Growth through acquisitions remains an important element of our corporate strategy,” explained Paul W. Hylbert, ProBuild chief executive officer. “Our capital structure accommodates this kind of growth even in these challenging times, allowing us to continue to seek opportunities that support customer needs and fit into our long term strategy.”
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