Cameron Ashley acquires Appalachian Insulation Supply
A little more than a month removed from a strong dealer market, Cameron Ashley Building Products has acquired Appalachian Insulation Supply, Inc. (AIS) and Wolf Pak Transport, LLC in a stock purchase agreement.
AIS is based in Elizabethtown, Pennsylvania, and exclusively distributes Johns Manville insulation, spray foam, mineral wool, sheathing, and other insulation accessories to dealers and contractors. AIS operates from nine fully stocked warehouses strategically located in the Midwest and Eastern regions of the United States.
The company is a family-owned distribution company started in 1987 by the late Bill Brinse. According to Camero Ashley, this move further positions the company as a leading national distributor of insulation in the United States.
The full financial terms of the acquisition were not disclosed.
“We are pleased to carry on the strong tradition of customer service and supplier relationships that AIS’ founder Bill Brinser created,” said Cameron Ashley President and CEO Donny DeMarie. “With Cameron Ashley’s strong roots in the insulation and distribution industries, this acquisition makes sense, and I feel that Bill would have felt that his company is being placed in capable hands who will continue to honor and grow his legacy. We are extremely grateful to Barry Brinser, Bill’s brother, who was instrumental in helping us achieve a successful outcome.”
With the addition of 28 greenfield locations and five acquisitions over the last five years, Cameron Ashley will now operate 65 strategically located distribution centers and will distribute fiberglass products from Knauf and Johns Manville.
“Now that the acquisition is complete, we are excited to have our first locations in Florida and Virginia. We look forward to welcoming the AIS employees, customers, and suppliers to our team,” DeMarie said. “We are committed to enhancing the customer’s experience with our Cameron Ashley Advantages including F^st Delivery, PLUS Points Loyalty Program, CONNECT customer portal, incentives, customer trips, and more robust product and accessory offerings.”
Based in Greenville, South Carolina, Cameron Ashley is a wholesale distributor of roofing, insulation, gypsum, siding, and other specialty building products.
AIS primarily serves Pennsylvania with an affiliate transportation company with more than 80 trucks. The company is a full-line distributor of residential and commercial insulation, along with accessories. The distributor has over 800,000 square feet of combined inventory at all times, Cameron Ashley said.
