TopBuild Acquires ADO Products
January 10 2018 - 4:30PM
TopBuild Corp. (NYSE:BLD), the leading purchaser,
installer and distributor of insulation products to the U.S.
construction industry, has acquired ADO Products, LLC, a
distributor of insulation accessories. Headquartered in
Plymouth, Minnesota, ADO Products generated approximately $27.6
million of revenue for the twelve months ended November 30,
2017.
Jerry Volas, Chief Executive Officer of TopBuild
stated, “We believe ADO Products will enhance the strength of our
distribution business segment with its strong and long-standing
customer relationships and experienced leadership team while also
expanding our geographic presence and market share. We are also
pleased to welcome Jim Andrews, former president and co-owner of
ADO products, to the TopBuild team.”
About ADO ProductsADO Products,
headquartered in Plymouth, MN, was founded in 1988. The
company distributes a broad range of insulation accessories
throughout the U.S. including foam, netting, plastic sheeting,
protective gear and other related building products. ADO Products
is also a leader in the area of attic insulation vents marketed
under the Durovent® and proVent® brands. ADO Products services
customers across all channels of distribution including insulation
contractors, home improvement retailers and wholesale
distributors.
About TopBuildTopBuild Corp.,
headquartered in Daytona Beach, Florida, is the leading purchaser,
installer and distributor of insulation products to the U.S.
construction industry. We provide insulation services nationwide
through TruTeam®, which has over 175 branches and our Service
Partners® business distributes insulation from over 70 branches. We
leverage our national footprint to gain economies of scale while
capitalizing on our local market presence to forge strong
relationships with our customers. To learn more about
TopBuild please visit our website at www.topbuild.com.
Investor Relations and Media
ContactTabitha
Zanetabitha.zane@topbuild.com386-763-8801
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