US: US LBM Holdings has acquired Wallboard Supply Company of Londonderry, New Hampshire from the Filion family and its investors. President John Filion will continue to lead the company along with Vice President Ryan Filion and all members of the management team.

"Expanding our strong presence and capabilities along the East Coast, Wallboard Supply Company represents a great addition to the US LBM family of companies," said LT Gibson, President and CEO of US LBM. "Our commitment to partner with specialty distributors in the wallboard category ensures US LBM's top place as one of the most diverse providers of building materials in the country."

Wallboard Supply Company is a third generation, family-run business that has operated in New England since 1970. Its product line includes gypsum wallboard, metal framing, insulation, lumber and ceilings. The company has its headquarters in Londonderry, New Hampshire with four locations in Braintree in Maryland in Portland, Maine Hermon in Maine and Williston in Vermont.

Bulgaria: Bulgarian gypsum producer Gips has announced that its consolidated loss widened by 33% to Euro1.6m in January - September 2014. Consolidated revenues decreased by 5.0% year-on-year to Euro2.45m in the first nine months of 2014. Its operating loss widened to Euro431,239 during the period, from Euro88,500 in 2013.

US: Continental Building Products (CBP) has announced its results for the third quarter that ended 30 September 2014. CBP's net sales grew by 8.6% year-on-year to US$114m, adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose by 32% year-on-year to US$33.7m and operating income was up from US$0.3m in the same period of 2013 to US$20.2m. Its wallboard sales volumes grew by 3.8% year-on-year to 590Mft² and sales prices rose by 6.3% year-on-year.

"Our focus on operational excellence and maximising our returns from our low cost base was evident in our third quarter results," said Ike Preston, CBP's CEO. "As we finish 2014 and look to the new year, we remain focused on realising the full potential of our business. We are confident that the long-term fundamentals for construction growth remain strong and we remain focused on delivering value to our customers while actively managing our costs and continuing to deploy our capital in a disciplined manner to drive shareholder value."

US: Continental Building Products (CBP) has announced that its secondary public offering of 7,000,000 shares of common stock, which was announced earlier this week, will be priced at US$14.75/share. All of the shares are being sold by its largest stockholder, an affiliate of Lone Star Funds. The underwriters have a 30-day option to purchase up to an additional 1,050,000 shares of common stock from the selling stockholder. The offering is expected to close on 25 November 2014.