CHICAGO, Sept. 17, 2013 /PRNewswire-iReach/ -- Richards Building Supply Co and Eastern Aluminum Supply of Virginia, Inc. (EASV) are pleased to announce that they've signed a Letter of Intent for the acquisition of EASV's seven distribution centers located within Virginia, North Carolina and Tennessee. The agreement contemplates closing the deal prior to the end of 2013. Richards Building Supply Co (Richards), a family owned company founded in 1978 and headquartered in Chicago, IL currently operates 48 distribution centers in 11 states. With the addition of EASV's seven branches, Richards will operate 55 branches in 14 states spread between the Midwest and Mid-Atlantic states. Richards, a distributor of roofing, siding, doors and windows, will be greatly enhanced by the expertise EASV brings with their predominately siding and window business, while adding roofing distribution expertise to the EASV family. "Both companies growth and development are directly attributable to the efforts of our people and staying true to our core beliefs of providing individual attention to our customers, delivering high-quality products and offering unparalleled service in the building supply industry", comments Richard Guzior, Richards' founder and owner. John DeRoche, president of Richards, goes on to say "I am extremely excited about the opportunities presented by the further expansion of Richards Building Supply Co. into the southeast markets. EASV is a tremendous company and the quality of their personnel, combined with their strong emphasis on outstanding customer service, will provide a strong platform for future growth."
Media Contact: David Goss, Richards Building Supply Co, 773-586-7777, dgoss@richards-supply.com
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SOURCE Richards Building Supply Co
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