BLD - TopBuild Announces Mutual Termination of Agreement to Acquire Specialty Products and Insulation | Benzinga
TopBuild's Total Addressable Market is >$18 Billion;
Significant Opportunity to Continue Driving Growth Organically and through Acquisitions
DAYTONA BEACH, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, today announced the mutual termination of its agreement to acquire Specialty Products and Insulation ("SPI"), originally announced on July 27, 2023.
Robert Buck, President and Chief Executive Officer of TopBuild, stated, "We are highly disciplined around our approach to M&A and driving shareholder value.
"Over the last several months, we worked cooperatively to explore alternatives in a manner consistent with the ...