QXO To Acquire Top Build For $17 Billion
Building Supply Company QXO, led by its CEO, has announced plans to acquire another company. Upon completion of the merger, QXO expects to be the number one company in insulation and waterproofing, and the second biggest in roofing. The company will also hold number one or number two positions in certain geographies within lumber and building materials. The combined entity will operate within a several hundred billion dollar addressable market. The announcement was discussed on the Odd Lots podcast featuring CEO Brad Jacobs.
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Sources · 7 independent
Bloomberg Radio
“CEO of Building Supply Company QXO, which recently announced it will acquire”
Bloomberg Radio
“So when we complete the merger, we'll be number one in insulation, we'll be the second biggest in roofing, we'll be number one in waterproofing, and we'll hold number one or number two positions in certain geographies within lumber and building materials.”
Bloomberg Radio
“Brad Jacobs, CEO of building supply company QXO, which recently announced it will acquire top build for 17 billion dollars.”
Bloomberg Radio
“which recently announced it will acquire top build for 17 billion dollars.”
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