New Tech Machinery Acquires Manufacturer Nasser Machines

New Tech Machinery (NTM) is pleased to announce its acquisition of Nasser Machines. Nasser Machines was established in 1992 by Nabeil Nasser and has since grown into a reputable gutter machine manufacturer in Western Canada. Nasser’s main product is its portable gutter machine that features a swinging miter saw, tooling system, and nine gutter profile options.

The acquisition, effective immediately, will allow New Tech Machinery to expand further into Western Canada and bring its innovative rollforming products and services to customers in the growing region. Additionally, Nasser products will be made available to the U.S. and international markets that NTM currently serves.

“We’ve always respected and admired the innovative gutter machine that Nasser Machines is known for,” said Clark Neft, Vice President of New Tech Machinery. “We’re looking forward to this opportunity to work together with the Nasser team to integrate their machine into our line-up of products.”

For more information, visit www.newtechmachinery.com.

SFS Group Acquires Triangle Fastener Corporation

SFS Group announced it has acquired Triangle Fastener Corporation (TFC). TFC, with headquarters in Pittsburgh, Pennsylvania, is a leading provider of fasteners and other products for the commercial construction industry. TFC produced sales of more than $ 70 million in 2018 and has approximately 200 employees. Thanks to this acquisition, SFS will be able to expand access to the market and its customers in the American building sector. 

TFC was founded in 1977 and supplies end users in the commercial construction industry with a comprehensive assortment of customer-specific fasteners, as well as other application solutions. TFC sells its products to roughly 6,000 active customers through 23 separate branch locations in 15 states, and is one of the leading suppliers in the Eastern United States. 

According to SFS Group, TFC will operate as a part of the Construction division within the Fastening Systems segment. The company will be led by the existing management, thus ensuring its continuity.

SFS is a worldwide supplier of mechanical fastening systems and precision-molded parts. SFS Group AG comprises the three segments, Engineered Components, Fastening Systems and Distribution & Logistics, which represent the respective business models. In the Engineered Componentssegment, SFS acts as a development and manufacturing partner for customer-specific precision-molded parts, fastening solutions and assemblies. Engineered Components appears on the market with the four divisions of Automotive, Electronics, Industrial and Medical. TheFastening Systemssegment, made up of two divisions, Construction and Riveting, develops, produces and sells application-optimized, mechanical fastening systems. In the Distribution & Logisticssegment, SFS is a leading partner for fasteners, tools, fittings and innovative logistics solutions in Switzerland. With its more than 80 distribution and production facilities, the SFS Group is represented worldwide in 26 countries. 

For more information please visit www.sfs.biz

IKO Acquires Roof Tile Group

IKO Industries Ltd. announced that it has concluded a deal that will see it acquire the operations of the Roof Tile Group from New Zealand-based manufacturer and builder Fletcher Building. Roof Tile Group manufactures metal roofing tiles for global sales and distribution under a number of brand names, including Decra and Gerard. The purchase will expand IKO’s global manufacturing and operations footprint to include production sites in New Zealand, Hungary, Malaysia, and the United States; and more than 500 employees to IKO’s worldwide team.

“We are pleased to welcome RTG and its employees to the IKO family,” stated Hartley Koschitzky, IKO’s co-chairman. “This acquisition represents an excellent opportunity to continue with our global growth strategy, and to expand our metal roofing business beyond our partnership with Metrotile NV, particularly in the North American market. We are looking forward to growing and building RTG’s business and learning from the knowledge and experience of our new team members in the metal roofing industry.”

IKO did not disclose the financial terms of the acquisition. The company indicated that the immediate future will see RTG continue to run its operations on a “business as usual” basis, while the company focuses on onboarding its new employees and gaining familiarity with RTG’s operations.

For more information, visit www.iko.com.

Atlas Roofing Acquires ACH Foam Technologies

Atlas Roofing Corporation is pleased to announce its acquisition of ACH Foam Technologies with headquarters in Westminster, CO. ACH Foam Technologies is a leading manufacturer of molded polystyrene solutions with manufacturing facilities across North America.

“We are excited to combine the exceptional expertise, extensive manufacturing footprint and growth vision of ACH Foam Technologies with the outstanding Atlas portfolio,” commented Mike Huempfner, President and CEO of ACH Foam Technologies.

The addition of ACH Foam Technologies brings decades of experience, diverse product offerings and a wide range of advanced technology to Atlas’ expanded polystyrene foam business and establishes the largest manufacturer of molded polystyrene in North America.  The combination of these two premier molded foam manufacturers in the United States will accelerate growth opportunities for Atlas and ACH as well as their customers, partners and team members.

ACH’s complementary manufacturing and customer service reach combined with industry-leading expertise in both block and shape molded foam products provide an exceptional platform from which to expand and enhance the Atlas portfolio of products and solutions.

“ACH shares with Atlas a similar approach to growth, its commitment to innovation, product quality and customer service and, most importantly, our same dedicated focus on people,” said Ken Farrish, President of Atlas Roofing Corporation. “The time-proven experience and accomplishments of both the ACH and Atlas EPS teams make us very optimistic about the potential of this combination and what we can do for our customers and our industry.”

For more information, visit www.atlasroofing.com.

 

Soprema Acquires Derbigum Americas

Soprema Inc. announced the acquisition of Derbigum Americas Inc.— the U.S. division of Derbigum, a Belgian roofing solutions provider. Soprema plans to maximize Derbigum’s rich history of manufacturing the highest-quality APP-modified bitumen and a full line of roofing adhesives, mastics and primers as Derbigum Americas joins the Resisto and Chem Link brands as part of the Soprema family of companies in the United States.

Derbigum Americas, which opened its doors in Kansas City, Missouri, in 1989, will operate as a subsidiary of Soprema, becoming a “Soprema Group Company.” The Derbigum leadership team will remain involved, and business will continue operating as usual without disruption.

“We are pleased to welcome Derbigum Americas into our company, furthering our dedication to being an industry leader in engineered roofing solutions and strengthening our product offering by having local APP-modified bitumen production in the U.S.,” said Tim Kersey, vice president and general manager, Soprema. “Derbigum is a well-recognized and long-respected name brand, and we see immediate synergies between the two companies’ people and portfolios.”

For more information, visit www.soprema.us or www.derbigum.us.

BLUEFIN LLC Announces Acquisition of Roof Consulting Services Company

BLUEFIN LLC has announced the acquisition of CyberCon Consulting Inc. This transaction represents an opportunity to enhance the value both companies can deliver to their customers. CyberCon has a history of providing roof consulting services to a variety of customers such as Prologis, American Honda Motor Co., Southern California Edison, and the Denver International Airport. The entire CyberCon team will join BLUEFIN’s staff, and CyberCon’s owner, Nick Lovato, will become senior vice president of BLUEFIN.
 
“We are excited to welcome CyberCon to BLUEFIN,” says Richard Rast, BLUEFIN’s president. “I have admired CyberCon for many years while working in the industry and living in the community close to their operations. We value their success, and we commit to providing their team of employees the resources they need to grow that success even further. Nick Lovato brings technical expertise to our management team, and I look forward to working closely with him to continue providing service to CyberCon’s customers.”   
 
Nick Lovato comments, “CyberCon is proud of the legacy we have established and nurtured over the past 26 years. We view this transaction as an opportunity to continue growing, and we welcome the chance to provide an expanded service offering to our clients. Culturally, this is an excellent fit for us, and we are excited for our future with BLUEFIN.”

FlashCo Acquires All Fab, LLC, Creator of the Easy Flapper

FlashCo has announced the acquisition of All Fab, maker of the patent pending Easy Flapper and a variety of TPO and PVC pipe and vent flashings. FlashCo is working with all of All Fab’s customers in their transition to FlashCo.

“We are excited to add All Fab products to our Northwest and nationwide operations,” says FlashCo President, Greg Morrow. “We have known Roger and Melissa Allestad for many years and we have respect for their designs and ability to develop parts.”

All Fab began operations in 2011, starting in a basement shop and growing to over 15 products including cones, breather vents, scuppers and corners. In 2015, All Fab product designer Roger Allestad developed the Easy Flapper to solve a HVAC issue on flat roofs. The Easy Flapper is an exhaust vent for commercial and residential roofs that prevents backdrafts and similar issues for dryers, bathrooms and kitchen hoods. The Easy Flapper offers installation and maintenance ease, and allows simple application designs. In addition, the Easy Flapper has patents pending.

“Melissa and I are excited to have this opportunity with FlashCo,” says Mr. Allestad. “I will
be returning full-time to Loberg Roofing and it gives me the chance to do what I enjoy, developing new products. It has been a blast building a local accessories company. FlashCo has acquired All Fab LLC, but FlashCo has the national reach to develop and grow the market, especially for the Easy Flapper. FlashCo is the right company to take it forward.”

Melissa Allestad has been a driver in developing a loyal customer base for All Fab in the Northwest. Ms. Allestad will be working closely with FlashCo Regional Sales Manager, Rick Morrow and his team to help customers transition to FlashCo. Over the next several weeks FlashCo and all Fab will be visiting customers together.

“It’s a natural fit,” says Mr. Morrow. “Both companies are dedicated to saving the contractor time and All Fab, just like FlashCo, has focused on customer satisfaction. We are
confident that All Fab’s customers will appreciate FlashCo’s service level and capabilities with our Washington plant, and the ability to deliver most orders is one to three days.”

“For us it’s a little bittersweet,” says Mr Allestad. “We have a hardworking team and we enjoyed growing the company, but the opportunity with Loberg is really too good to pass up. We are fortunate to be able to transition All Fab to FlashCo who can take the products to the next level. Plus, we will continue to consult with FlashCo on product development.”

The full transition of All Fab customers to FlashCo will be completed by the end of May.

Firestone Acquires Silicone Roofing Systems Provider

Firestone Building Products Company LLC has announced its acquisition of Gaco Western, a provider of silicone roofing systems, waterproofing systems and spray foam insulation. The deal, which includes all assets and operations held by Gaco, closed April 3, after a definitive agreement was signed and announced earlier this year.

The acquisition allows Firestone to introduce even more options to customers with Gaco’s silicone and acrylic liquid coatings. The enhanced portfolio creates alternative solutions when full roof tear-offs and rebuilds are not feasible, and it presents contractors with products requiring less labor-intensive installation.

“Combining the best of two brands, Firestone and Gaco, represents an opportunity for growth and long-term value as we aim to create new levels of service and innovation in our industries,” says Tim Dunn, president of Firestone Building Products, Bridgestone Americas Inc. “Operations will conduct business as usual across all teams as we begin bringing our portfolios, employees, best practices and distribution platforms together to continue serving as a total solutions provider for our collective customers.”

In addition to expanding Firestone’s roofing product portfolio with silicone polyurethanes, epoxies and acrylic liquid coatings, the deal offers new positions in commercial and residential sectors with decking and waterproofing products that protect pedestrian surfaces, concrete, metal and plywood, and open- and closed-cell foam products which protect and insulate buildings.

Gaco products will continue to be sold under the Gaco brand and will continue to be made at a state-of-the-art manufacturing, research and development facility in Waukesha, Wis.

Financial details of the transaction are not being disclosed.

IPS Corp. Acquires Roof Coatings Company, Metacrylics

IPS Corp., a manufacturer of building and specialty adhesive products, has acquired the Metacrylics roof coatings company, based in Gilroy, Calif. This acquisition is in support of the IPS growth strategy within the roofing industry. IPS Roofing Products is known for roof flashing products for vent pipes, which are manufactured in Tennessee and sold nationally through both wholesale roofing distribution and building products retailers.

Gary Rosenfield, vice president and general manager of the IPS Roofing Products division, comments, “We are excited to enter the cool roof coatings market with the products and service proposition provided by Metacrylics. With the resources of IPS Corp. in support of this business, we plan to build on the previous success and reputation of Metacrylics. I am looking forward to working with the Metacrylics team to help them continue in that effort.”

Mark Anthenien, president and CEO of Metacrylics, says, “We are delighted to be associated with the IPS organization. With their support, we will be able to expand our resources and reach more customers with the high level of service and support that has become the foundation of our success.”

T. Tracy Bilbrough, chairman and CEO of IPS Corp., adds, “The addition of Metacrylics to our portfolio of brands, product lines, and operating facilities is a step forward in our journey of building a platform in industrial and construction related specialty products. We are thrilled to welcome the team and products of Metacrylics to the IPS family.”

Metacrylics is a manufacturer of cool roof coatings, and offers both acrylic and silicone varieties of products. It has a long history of successful installations in many regions of the country. Most recently, Metacrylics’ Extreme Performance acrylic product has been recognized in the commercial roofing market due to its adhesion, ease of installation, solar reflectivity rating, and ability to resist debris over time.

Firestone Acquires Provider of Waterproofing, Spray Foam Insulation Solutions

Firestone Building Products Company LLC (Firestone) has announced that it has reached a definitive agreement to acquire Gaco Western (Gaco), a provider of waterproofing and spray foam insulation solutions for a variety of commercial and residential applications. The acquisition strengthens Firestone’s leadership in commercial roofing and offers positions in residential and commercial building products, reinforcing its commitment to be a leader in the building envelope solution. Firestone Building Products is part of Bridgestone Americas, the largest subsidiary of Bridgestone Corp., a tire and rubber company.

“This acquisition supports our strategic plan to penetrate adjacent product segments,” says Tim Dunn, president of Firestone Building Products. “Adding Gaco’s product portfolio will expand our offering, broaden our customer base, and reaffirm our commitment to being a total solutions provider. We are now also in a position to better capitalize on the demand for liquid coating products and are excited about the opportunity to unearth the value that exists in the combination of the two businesses.”

Financial details of the transaction are not being disclosed. The acquisition is expected to be completed before the end of the first quarter 2017, subject to regulatory approvals and other customary closing conditions.

Founded in 1955, Gaco is privately-owned and headquartered in Seattle. With brands including GacoFlex, GacoRoofFoam and GacoWallFoam, the company produces silicone polyurethanes, epoxies and acrylic liquid coatings for roofs; decking and waterproofing products that protect pedestrian surfaces, concrete, metal and plywood; and open- and closed-cell foam products which protect and insulate buildings. All Gaco products are made at its manufacturing, research and development facility in Waukesha, Wis.

The combination will allow Firestone to provide customers with additional products for their roofing needs. By delivering a repair product at a competitive price point, Gaco’s portfolio of silicone and acrylic liquid coatings offers an alternative for situations when full roof tear-off and rebuild are not an available solution. For contractors, these products allow for less labor-intensive installation, reducing costs. Additionally, the transaction enables Firestone to offer its customers access to Gaco’s waterproofing solutions.

Firestone is a leader within the roofing industry and has a vision for the broader building envelope, combining service, product, and innovation, with a substantial distribution platform. We are excited at the prospects of joining Firestone as it allows us to continue to drive R&D, deliver products to our customers, and offer additional career opportunities to our employees,” says Peter Davis, Gaco chairman and CEO.