Gypsum Management and Supply, Inc. (GMS), the largest distributor of
drywall in the U.S., has signed an agreement to acquire Serrano Drywall Supply in Iowa
City, Iowa. Serrano Drywall Supply will become the eleventh location under Tamarack
Materials, a GMS company with current locations in Minnesota, Wisconsin and the
Dakotas. The deal marks the strategic entrance of GMS into the Iowa marketplace.
โWe are excited about the expansion into Iowaโ, said Jerry Speights, Vice President of
the Central Division of GMS. โThe combined strength of the Tamarack and Serrano
brands will come together in Iowa City, presenting an exciting opportunity to service our
customersโ. When asked why Serrano, Jerry had this to say, โIt was an easy choicethey
have the same cultural values, supported by well-established relationships in Iowa
and many years of operational experience. That is why we knew they would be a great
addition to the GMS familyโ.
Mike Callahan, President of GMS said of the acquisition, โWe are pleased to bring
Serrano Drywall Supply into the GMS family. Their commitment to delivering
exceptional quality of service, personnel, products and safety fits with the GMS culture.
This partnership provides GMS the opportunity to expand our service footprint in the
state of Iowa.โ
About GMS:ย GMS is the largest distributor of drywall, acoustical ceilings and other specialty buildingย materials in the United States. Founded in 1971, GMS now operates a network of moreย than 150 distribution centers nationwide. For more information about GMS, visitย www.gms.com.
About Serrano Drywall Supply:ย Serrano Drywall Supply has over 25 years experience in the building products industry.