Mergers and Acquisitions

Organizations:

ABC Supply acquires New Jersey company; Jackson pharmaceutical and medical product company acquires assets of California firm

ABC Supply acquires New Jersey company

Beloit-based ABC Supply Co. Inc. has finalized its purchase of Bradco Supply Corp. of  Avenel, N.J.

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The acquisition is the largest in ABC Supply’s history and adds 129 locations in 30 states to the ABC Supply roster.

With these additions, ABC Supply now has 479 locations in 44 states and the District of Columbia, and sales of more than $4 billion.

ABC Supply is the largest wholesale distributor of roofing in the United States and one of the nation’s largest distributors of siding, windows and other select exterior building products.

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"We are excited to begin this new chapter in our history," said Diane Hendricks, ABC Supply’s owner, co-founder and chairman of the board. "ABC Supply and Bradco share a commitment to serving professional contractors. That focus makes our combined organizations a great fit, and we’re confident that, together, our two companies will create enhanced opportunities for our associates and bring new benefits to our customers."

"We are working hard to ensure a smooth transition for our associates and customers alike," said David Luck, ABC Supply’s president and chief executive officer. "We are looking forward to sharing ABC Supply’s residential strength with Bradco and having Bradco share their commercial strength with ABC Supply. We believe that the combined company gives us a more balanced product and service offering for our customers."

Jackson pharmaceutical and medical product company acquires assets of California firm

Lake Consumer Products Inc., a subsidiary of Jackson-based Wisconsin Pharmacal Company LLC, recently purchased the assets of Consumer Choice Systems Inc. of Napa, Calif.

Terms of the acquisition were not disclosed.

The acquisition adds two urinary tract infection (UTI) products to Lake Consumer Product’s female health offering – a UTI home screening test as well as maximum strength UTI relief tablets. The company will also take over all private label agreements Consumer Choice Systems currently has in place with major retailers.

“These items are a perfect fit and really help advance our commitment to offering women everywhere a well-rounded array of female health solutions,” said Mike Kermendy, vice president of marketing for Lake Consumer Products.

Both the UTI Home Screening Test Stick and the UTI Relief Maximum Strength Tablets will continue to be available under the existing Woman’s Wellbeing brand in the immediate future.

 

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