D.L. Building Materials acquired by GMS Inc. subsidiary

On February 1, 2021, Canada Gypsum Management and Supply, Inc., a subsidiary of GMS Inc. (NYSE: GMS) and operator of WSB Titan in Canada, completed its acquisition of D.L. Building Materials Inc. ("DL").

Headquartered in Vaughan, Ontario, WSB Titan is the largest wallboard distributor in Canada and operates from a network of over 30 distribution locations across six Canadian provinces.

DL is a leading supplier of wallboard, acoustical ceilings, steel framing, insulation and related building products serving Eastern Ontario and Western Quebec markets through two locations in Gatineau, Quebec and Kingston, Ontario. 

Gowling WLG advised the shareholders of DL in this transaction with a team that included Lorne Segal, Karen Hennessey, Garrett Hamel and student-at-law Shannon Gallant (corporate), Josée Gervais (employment) and Eric Presseau (real estate).