Foundation and Irwin make a deal

Foundation Building Materials, Inc. has closed its acquisition of the specialty building products division of Irwin Builders Supply Corporation.

Foundation is a Tustin, California-based specialty distributor of wallboard and suspended ceiling systems. The company employs more than 3,400 people across more than 200 branches in the U.S. and Canada.

Irwin, Pennsylvania-based Irwin Builders Supply provides a broad range of products, including drywall, metal studs, ceiling and wall systems, insulation and other complementary products.

“We are pleased to reach an agreement with Irwin and welcome their experienced team to FBM," said FBM CEO Ruben Mendoza. "Irwin has built a great reputation over its 70 year history and provides FBM with an expanded footprint and leading market position in the attractive Pittsburgh metro area."

"This represents another great example of FBM’s ability to identify and acquire businesses that will allow us to better service customers in the local market, increase the available product offering and quickly leverage the scale benefits of our broad platform," he added. "We will continue to capitalize on other opportunities that enhance FBM’s position as a leading specialty building products distributor.”