Skip to main content

GMS Completes the Acquisition of Central Materials

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

GMS Inc. (“GMS”) announced today that it has acquired the assets of Central Materials, a leading distributor of stucco, EIFS, stone, masonry and related cladding products with two locations serving South Texas’s Rio Grande Valley.

John C. Turner, Jr., President and Chief Executive Officer of GMS, said, “We are excited to welcome Central Materials and its highly respected, customer service-oriented team of product experts to GMS. This acquisition demonstrates the continued growth and expansion strategy of The Home Depot and SRS as we increase GMS’s offering in complementary products and bolster GMS’s presence in the South Texas market. Additionally, Central Materials and their strong vendor relationships in stucco, EIFS, and cladding products will help unlock access to an expanded product portfolio throughout South Texas.”

Cesar Guzman and Alejandro Barrera, Central’s founding partners added, “We are very excited to see how something we started almost 15 years ago is ready for this next step. We feel that GMS shares our values and will be able to make Central Materials grow even more!”

Central Materials and its team will continue operating under their current name and branding, while Cesar and Alejandro will continue managing the business for the foreseeable future, operating in close collaboration with GMS’s Southwest Division leadership.

About GMS

Founded in 1971, GMS operates a network of more than 320 distribution centers with extensive product offerings of Wallboard, Ceilings, Steel Framing and Complementary Products. In addition, GMS operates nearly 100 tool sales, rental and service centers, providing a comprehensive selection of building products and solutions for its residential and commercial contractor customer base across the United States and Canada. GMS is a subsidiary of SRS Distribution, a wholly owned subsidiary of The Home Depot.

For more information, please visit www.gms.com.

Contacts

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  234.27
+0.16 (0.07%)
AAPL  293.08
-1.22 (-0.41%)
AMD  519.74
-0.11 (-0.02%)
BAC  57.73
-0.18 (-0.31%)
GOOG  345.04
-1.04 (-0.30%)
META  557.67
-4.53 (-0.81%)
MSFT  365.46
-8.48 (-2.27%)
NVDA  199.00
-1.04 (-0.52%)
ORCL  157.53
-7.63 (-4.62%)
TSLA  375.53
-6.08 (-1.59%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.