, the largest independent regional building materials company serving Maryland, D.C. and Northern Virginia, will be acquired by Raleigh, North Carolina-based building materials supply company for an undisclosed sum.
TW Perry, founded in 1911, has six area lumber yards, retail stores, a design studio, a custom millwork operation and a truss manufacturing facility. The company sells lumber, building supplies and materials, doors, windows, hardware and power tools to professional remodelers and custom homebuilders.
The company has $200 million in annual sales.
鈥淲e are impressed with their pro remodel business, highly diverse customer base and value-added product mix, which is aligned with BMC鈥檚 core strategy. This addition will expand our portfolio in the growing Northern Virginia, Maryland and D.C. markets,鈥� said .
The acquisition is expected to be completed in December.
Earlier this month, TW Perry announced its . Peoples Supply was founded in 1932.
BMC Stock Holdings is one of the nation鈥檚 largest building materials supplier, with $3.6 billion in annual sales across 18 states.
