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Builders FirstSource and BMC Stock Holdings have entered into a definitive all-stock merger agreement to create the nation's premier supplier of building materials and services. The combined company will be owned 57% by Builders FirstSource shareholders and 43% by BMC shareholders.
BMC Stock Holdings acquired Kingston Lumber, a supplier of building materials to custom builders and professional remodelers in Kingston, Washington. Kingston Lumber has been in operation since 1946.
BMC Stock Holdings announced it will acquire W.E. Shone Co., a building materials supplier in Delaware. Shone Lumber generated net sales of approximately $70 million in 2017.