US: Gypsum Management and Supply Inc (GMS), a US distributor of wallboard, has signed an agreement to acquire Serrano Drywall Supply in Iowa City, Iowa. Serrano Drywall Supply will become the 11th location under Tamarack Materials, a GMS company with locations in Minnesota, Wisconsin and the Dakotas. The deal marks the strategic entrance of GMS into the Iowa marketplace.
"We are excited about the expansion into Iowa," said Jerry Speights, vice president of the Central Division of GMS. "The combined strength of the Tamarack and Serrano brands will come together in Iowa City, presenting an exciting opportunity to service our customers."
"We are pleased to bring Serrano Drywall Supply into the GMS family," said Mike Callahan, president of GMS. "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."