Beacon Roofing Supply acquires Phoenix Sales

04/14/2010 | Wall Street Journal, The

Beacon Roofing Supply has purchased Florida-based Phoenix Sales, a roofing-systems distributor, for an undisclosed sum. Phoenix reported $20 million in sales for 2009, and the acquisition expands Beacon's footprint in the state. Beacon's shares dipped 0.3% on news of the acquisition.

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