EAST RUTHERFORD, N.J. — Allied Building Products Corp. announced that it has completed its acquisition of Ivan Supply Co. LLC, a privately held roofing and siding distributor based in Philadelphia, Pa.; Pacific Source, a privately held building materials distributor based out of Snohomish, Wash., servicing Hawaii; and the Smyrna, Georgia branch of American Wholesale located just outside Atlanta.
Ivan Supply Co., a four branch distributor of roofing and siding, was founded in 1981 by Ivan Tancredi. Since opening, Ivan Supply has maintained a strong presence in the central Philadelphia market. With regard to the acquisition, Tancredi said, “Ivan Supply employees are some of the best in the industry which makes the acquisition by Allied such a natural fit. Two great companies with well-educated employees all focused on one goal — helping our customers succeed.”