“This is a transformative acquisition for the Company,” HDI’s President and Chief Executive Officer, Rob Brown, stated. “Novo significantly broadens our addressable market, providing turnkey access into the home center and home builder distribution customer segments. We believe the combined scale and sophistication of HDI and Novo creates a national platform to provide additional solutions to our customers, and allows us to capitalize on the market share opportunity available. The multi-year outlook for our products and the end markets we participate in is very attractive, with strong demand driving new residential, repair and remodel and commercial building expenditures. Millennials represent the largest demographic segment of the population and are now entering peak home-buying years, complemented by historically low-interest rates and rising home equity levels that support spending. We see significant growth opportunities ahead as we continue to build HDI as a world-class distributor of architectural building products for the benefit of our customers, vendor partners, employees and shareholders.” 

“Metro Building Products shares the same values and corporate culture as Spahn & Rose,” Dave Davis, President, and CEO of Spahn & Rose said. “Like Spahn & Rose, Metro provides outstanding service to both contractors and homeowners. This is a unique business opportunity and we are very proud to have them join Spahn & Rose. We have no plans to change Metro’s name, marketing focus, or local management.” 

The merger unites two long-standing and successful companies. Spahn & Rose, founded in 1904, is a leading lumber and building materials distributor in the Midwest and one of the top 100 in the country, according to ProSales, a contractor and construction industry publication. 

Joe McKenzie and his wife, Tina, founded Metro Building Products in 1991. The company serves professional builders, remodelers, and homeowners in Atlanta, Cobb County, and northwest Georgia. Metro is a leading supplier of high-quality building materials such as pressure-treated lumber, cedar and composite decking, and Big Green Egg grills. 

 The acquisition of the two companies broadens Nation's Best's presence in a single geographic area (Northwest Florida) and marks the company's entry into a new state (Arkansas). 

 North Georgia Building Supply and Junior's Building Materials in Georgia provide lumber and a variety of specialty materials to professional builders, remodelers, and contractors. North Georgia Lumber, based in Buford, North Georgia, serves customers in the communities northeast of Atlanta by providing lumber, windows, doors, roofing, decking, and drywall. 

 Junior's Building Materials has two locations in Georgia, in Rossville and Ringgold, and serves customers in Chattanooga, Tennessee, and northern Georgia. Along with lumber and engineered wood products, Junior's product line includes windows, doors, roofing, siding, and millwork. 

 Read more about this home builder news here.