GMS announces acquisition

Gypsum Management & Supply Inc. announced it has reached a deal to acquire Yvon Building Supply Inc., Yvon Insulation Corporation, Yvon Insulation Windsor, Laminated Glass Technologies Inc., and Right Fit Foam Insulation Ltd. The transaction is expected to close in July. Yvon provides drywall, insulation, steel, and ceilings from seven locations across Ontario. Following the close of the transaction, the newly acquired businesses are expected to continue to operate under their existing brand names and under the leadership of current Yvon president Tom Scott.