Home Lumber and Building Supplies Acquired by GMS Inc.

May 2, 2023

@home-lumber.ca

VICTORIA  GMS Inc. (Gypsum Management & Supply, Inc.), a North American specialty building products distributor and parent company to Canada GMS, Inc., announced that it has completed the acquisition of Jawl Lumber Corporation, which provides service to the Vancouver Island market under the Home Lumber and Building Supplies brand name.

“We are excited to have Home Lumber & Building Supplies join GMS Canada and our group of strong, in-market branded companies,” said Paul Green, President of GMS Canada. “The Jawl Family has built a business that is aligned with our values, and a team that has served the building industry on Vancouver Island for decades. The legacy of high-integrity service they have provided will be carried on as we support the Home Lumber team. The future for Home Lumber is exciting as we begin this next chapter ‘Powered by GMS’.”

“Since our founding in 1960, we have been proud to serve customers in Greater Victoria and across Vancouver Island with integrity. We sincerely thank our valued customers, suppliers and employees for their support and loyalty over the years,” said Karnel Jawl, President of Home Lumber. “We are excited for the Home Lumber team to join forces with GMS, a family of companies that shares our values and will help take Home Lumber to its next phase of growth.”

Jawl Lumber Corporation, d/b/a Home Lumber & Building Supplies; Acquired May 1, 2023

Established in 1960 by the Jawl family, Home Lumber and Building Supplies is one of Vancouver Island’s oldest and most respected suppliers of lumber, engineered wood, doors and framing packages, siding and other related building materials. Like GMS, the Company is committed to providing outstanding service to its customers. Home Lumber operates from a single location in Victoria, Canada.

Founded in 1971, GMS operates a network of approximately 300 distribution centers with extensive product offerings of Wallboard, Ceilings, Steel Framing and Complementary Products. In addition, GMS operates approximately 100 tool sales, rental and service centers, providing a comprehensive selection of building products and solutions for its residential and commercial contractor customer base across the United States and Canada. The Company’s unique operating model combines the benefits of a national platform and strategy with a local go-to-market focus, enabling GMS to generate significant economies of scale while maintaining high levels of customer service.

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