GMS Completes the Acquisition of AMES Taping Tools LLC, Acquires Kimco Supply Company in Florida and Opens a New Greenfield Location in Tennessee

Key Facts

TUCKER, Ga.--()--GMS Inc. (NYSE: GMS), a leading North American specialty distributor of interior building products, today announced the successful completion of its previously announced acquisition of AMES Taping Tools LLC (”AMES”), the nation’s leading provider of automatic taping and finishing (“ATF”) tools, and provided an update on the continued execution of its growth strategy with the acquisition of Kimco Supply Company (“Kimco”) and the recent opening of a greenfield location in Northeastern Tennessee.
Tweet this “We are pleased to announce the successful completion of the AMES transaction as part of our strategy to grow our complementary product offerings as well as the continued execution of our strategic priority of platform expansion,” said John C. Turner, Jr., President and Chief Executive Officer of GMS.
AMES pioneered the development of automatic taping and finishing tool technology in the 1930s and today, with its TapeTech® brand, is the leading supplier of ATF tools in the market.
GMS’s extensive product offering of wallboard, suspended ceilings, steel framing and complementary construction products is designed to provide a comprehensive one-stop-shop for our core customer, the interior contractor who installs these products in commercial and residential buildings.