Fairway Building Products, Seven D form partnership
Seven D Wholesale has agreed in principal to acquire Fairway Building Product’s Mid-Atlantic-based distribution business.
Terms of the deal were not disclosed but the transaction is expected to be completed at or near year end, the companies said.
Based in Mount Joy, Pa., Fairway distributes of exterior building products used in home improvement, remodeling and new residential and commercial construction projects. The proposed acquisition does not include Fairway Architectural Railing Solutions, which produces cellular PVC, steel, aluminum, vinyl, and composite railing systems and accessories for residential and design build applications.
Headquartered in Altoona, Pa., Seven D Wholesale distributes building materials in 48 states through its network of 14 distribution centers located in Alabama, Connecticut, Florida, Indiana, Maryland, New York, Pennsylvania, South Carolina, and Texas.
As part of this agreement, Seven D will distribute the full line of Fairway Architectural Railing Solutions products through its 6 Northeast locations.
“We are enthusiastic about the acquisition of the Fariway distribution business unit and committed to provide the strong customer base with the service levels they have come to expect while giving them access to an expanded building product offering. We are excited about becoming an important distribution partner in a core Fairway Architectural Railing market that aligns with our own,” said Denny DeGol, chief operating officer of Seven D.
In a statement, Fairway said it is transitioning its focus and strategy toward its manufacturing units serving the pro channel through a national network of distribution partners. Fairway also said it will focus on its Trenton, N.J.-based design-build business serving the multi-family segment in core markets with turn-key solutions.
“Seven D’s culture and commitment to serving the customer is the foundation of this partnership. The transaction will allow Fairway to execute a key element of our strategic plan, while giving us and our loyal customers the comfort of knowing that Seven D will continue to deliver the world class service they have come to know and expect from Fairway,” said Greg Burkholder, president and CEO of Fairway.
“As a distribution partner for our manufactured Fairway Architectural Railing Solutions products, Seven D will increase both frequency and intensity with the pro-dealer base for our railing products in the Northeast,” Burkholder added.
Terms of the deal were not disclosed but the transaction is expected to be completed at or near year end, the companies said.
Based in Mount Joy, Pa., Fairway distributes of exterior building products used in home improvement, remodeling and new residential and commercial construction projects. The proposed acquisition does not include Fairway Architectural Railing Solutions, which produces cellular PVC, steel, aluminum, vinyl, and composite railing systems and accessories for residential and design build applications.
Headquartered in Altoona, Pa., Seven D Wholesale distributes building materials in 48 states through its network of 14 distribution centers located in Alabama, Connecticut, Florida, Indiana, Maryland, New York, Pennsylvania, South Carolina, and Texas.
As part of this agreement, Seven D will distribute the full line of Fairway Architectural Railing Solutions products through its 6 Northeast locations.
“We are enthusiastic about the acquisition of the Fariway distribution business unit and committed to provide the strong customer base with the service levels they have come to expect while giving them access to an expanded building product offering. We are excited about becoming an important distribution partner in a core Fairway Architectural Railing market that aligns with our own,” said Denny DeGol, chief operating officer of Seven D.
In a statement, Fairway said it is transitioning its focus and strategy toward its manufacturing units serving the pro channel through a national network of distribution partners. Fairway also said it will focus on its Trenton, N.J.-based design-build business serving the multi-family segment in core markets with turn-key solutions.
“Seven D’s culture and commitment to serving the customer is the foundation of this partnership. The transaction will allow Fairway to execute a key element of our strategic plan, while giving us and our loyal customers the comfort of knowing that Seven D will continue to deliver the world class service they have come to know and expect from Fairway,” said Greg Burkholder, president and CEO of Fairway.
“As a distribution partner for our manufactured Fairway Architectural Railing Solutions products, Seven D will increase both frequency and intensity with the pro-dealer base for our railing products in the Northeast,” Burkholder added.