The merger of Stock Building Supply Holdings Inc. and Building Materials Holding Corporation, which was first announced in June, is now official.

The new company, BMC Stock Holdings Inc., will continue to operate under the BMC and Stock Building Supply brands. The combined company’s common stock will trade on the NASDAQ Exchange under the ticker symbol “STCK.”

BMC Stock will be a major provider of diversified building products and services to professional contractors for the residential market. The company’s portfolio of products and services spans building materials, including millwork and structural frame manufacturing capabilities, showrooms,  installation management and eBusiness platforms. BMC Stock has locations in 42 metropolitan areas across 17 states, principally in the fast-growing South and West regions.

“Today is a momentous day. With the successful completion of our merger, the new BMC Stock is well-positioned to capitalize on expansion opportunities in the fragmented building materials industry and drive profitable growth,” said Peter Alexander, president and CEO of BMC Stock. “We look forward to leveraging our broader range of best-in-class, value-added products and strong technology platform to build on our leading market position in attractive, fast-growing regions across the United States. Further, our strong balance sheet will support continued investment in our business and entry into new markets. We remain focused on providing our customers with the proactive, high-touch service and deep industry expertise they have come to rely upon. I am excited to lead our talented team as we enter the next chapter of growth for BMC Stock.”

In addition to Alexander, Jim Major will serve as executive vice president, chief financial officer and treasurer. The company’s board of directors, comprising five former BMC directors and three continuing Stock Building Supply directors, will be led by David Bullock.

 

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