Ciescoinc: Foundation Building Materials acquires supply company

Supply company Ciesco Inc. has been acquired by California-based Foundation Building Materials Inc., one of the largest specialty distributors of wallboard, suspended ceiling systems and mechanical insulation in North America. Ciesco, which has distributed drywall, steel framing, ceiling products, insulation and complementary products for 31 years, operates six branches serving Central and Eastern Pennsylvania, Maryland, Delaware, Southern New Jersey, the District and Northern Virginia. Terms...