Allied purchases Minneapolis roofing company
Allied Building Products Corp., a division of Oldcastle, has completed its acquisition of United Products Corp., a privately held roofing and siding distributor based in Minneapolis. Terms of the purchase were not disclosed.
Founded in 1925, United was purchased in 1975 by Al and Char Hatfield, who grew the business to 15 branches across five states; seven in Minnesota, three each in Wisconsin and North Dakota, and one each in South Dakota and Nebraska.
Allied has made a number of acquisitions this year, including Astro Building Supplies, a two-branch distributor in Taylor, Mich.; Philadelphia-based Ivan Supply Co.; the Smyrna, Ga. branch of American Wholesale; and Pacific Source of Hawaii.
Based in East Rutherford, N.J., Allied is a wholesale distributor of exterior and interior building, including residential and commercial roofing, waterproofing, siding, windows, drywall, acoustical, metal framing and solar products. It serves contractors in 30 states. Annual revenues are $1.7 billion.