GMS Buys Kamco for $321.5M, Expects Cost & Revenue Synergies

GMS Inc. (GMS) completed the acquisition of a leading supplier of ceilings, wallboard, steel, lumber and other complementary construction products — Kamco Supply Corporation and its affiliates.Brooklyn, NY-based Kamco is a leading supplier of ceilings, wallboard, steel, lumber and other related construction products. It operates five distribution facilities located in the Greater New York City area and services the New York metro and tri-state area. For the trailing 12 months (which ended on Dec 31, 2023), ...