Beacon acquires Lowry's Special Distribution
Beacon Roofing Supply, Inc. has acquired Lowry's Special Distribution, a distributor of waterproofing, sealants, air barriers and related products, marking Beacon's first entry into Hawaii.
“The entire Lowry’s team is very excited to be joining forces with Beacon, which has demonstrated a strong commitment to growing its existing waterproofing business both organically and through acquisitions of family owned businesses like Lowry’s," said Lowry's co-owners Keith and Michael Musante, who are remaining with the company. "Becoming part of a public company with a presence across the entire United States and Canada creates opportunities for Lowry’s to grow our business beyond what we could have done on our own and offers our employees career advancement options that are unique to the distribution industry, all while maintaining the entrepreneurial spirt and brand loyalty to Lowry’s, SWS and Can-Do that we have worked so hard to develop over the last 40 years. I could not be more excited for our future as part of Beacon.”
Lowry's maintains 11 branches in four states and has been family owned and operated for over 40 years. It has 7 branches in California, two in Hawaii, and one in both Utah and Arizona.
Lowry's will remain under the leadership of president Craig Dirickson and will be known as Lowry's, Systems Waterproofing Supply (SWS) and Can-Do Supply (Can-Do).
“Lowry’s is a great addition to Beacon and significantly strengthens our existing waterproofing and related complementary products business in the western United States, including our first entry into the Hawaii market," said Paul Isabella, Beacon’s CEO and President. "Waterproofing and related products comprise a huge and growing market and present tremendous sales opportunities for Beacon, both to Lowry’s existing customers and through cross-selling to our core roofing contractor base. We are grateful that Keith and Michael Musante and Craig Dirickson chose to continue their careers with us. Craig will have full responsibility for continuing Lowry’s excellent performance and market position as President. The entire Lowry’s, SWS and Can-Do teams will be key players in our continued growth in this important product market and we are thrilled to have them as part of Beacon.”