TopBuild Enhances Portfolio with Metro Supply Acquisition

In a strategic move to bolster its commercial and industrial offerings, TopBuild Corp. has announced the acquisition of Metro Supply Company, a leading distributor of mechanical insulation products. TopBuild Corp., based in Daytona Beach, Florida, specializes in insulation and building material services within the U.S. and Canada. Metro Supply operates in key metropolitan areas, including New York/New Jersey and Baltimore/Washington, and generates approximately $35 million in annual revenue. The acquisition, expected to close by the fourth quarter, will expand TopBuild's specialty distribution network and enhance its market presence. TopBuild CEO Robert Buck emphasized the strength of Metro Supply's product quality and service standards in alignment with TopBuild's operational philosophy. Buck reiterated the company's commitment to disciplined growth through strategic acquisitions. Metro Supply's President, Charlie Lisa Jr., expressed enthusiasm about the merger's potential to augment Metro's mechanical insulation portfolio while maintaining its regional operations and customer service excellence. The announcement included a safe harbor statement, cautioning that forward-looking statements are subject to uncertainties and could vary from actual performance. Both companies reflect promising synergies and opportunities for growth within the mechanical insulation sector.