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Breaking News

GMS Acquires Drywall Specialty Supplier

February 3, 2016

Gypsum Management and Supply Inc. (GMS) announced the acquisition of Robert N. Karpp Company Inc. (“Karpp”) based in Boston, Mass., marking GMS’ entry into the attractive New England market.

Karpp is one of the largest drywall specialty suppliers in New England serving select regions of Massachusetts and surrounding states through its three distribution centers and fleet of boom trucks (including the largest number of 80'-90' booms), moffets, flat beds, racks, and pick up trucks.  The company is a third generation distributor, having been founded by Robert N Karpp in 1979.   

Mike Anderson, the GMS VP of Operations for the Northeast region, commented “This addition to our business is a natural fit for GMS as we continue to expand our geographic footprint, while providing our resources as a national brand to help support new and existing local yards. Karpp has continually provided excellent service to the greater Boston area and surrounding markets. As a result, today we marked our entry into the exceptionally strong New England region with a leading platform that is well positioned for growth. We couldn’t be more excited to be working with them.”

Robert S. Karpp, President of Karpp., “We are excited to join the GMS family. Our company proudly offers the most highly trained and well respected staff in the industry and teaming up with an industry leading distributor such as GMS with a great network was the logical next step for us. The combination allows us to continue to provide excellent service to our customers with the backing of a now significantly expanded level of support.”

KEYWORDS: drywall GMS (Gypsum Management and Supply Inc) mergers and acquisitions

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