Four Seasons Building Products Acquires Leading Patio And Outdoor Products Manufacturer Superior Mason To Enhance And Expand Customer Solutions, Locations And Services
UNPRECEDENTED GROWTH BOOSTS FSBP SALES BY THREEFOLD DELIVERING LEADING, NATIONAL SCALE ADVANTAGES AS THE ONLY NATIONWIDE PATIO COVER MANUFACTURER
BIRMINGHAM, Ala., Oct. 30, 2018 /PRNewswire/ -- Four Seasons Building Products ("FSBP") announced the acquisition of Superior Mason Products ("SMP"), a leading manufacturer and distributor of patio and other related building products. The purchase marks the second acquisition this year, extending market share leadership to nearly 50%. FSBP is owned by Latium USA, one of the largest privately held manufacturers of outdoor living improvement products in North America. Superior Mason has been an industry leader in the U.S. for over 70 years, with manufacturing facilities in Birmingham and branch locations in Raleigh, NC, Kansas City, MO, and Dallas, TX.
A 2015 merger between longtime Birmingham manufacturers and aluminum product distributors Mason Corporation and Superior Metal Products, respectively—SMP's branches will now be incorporated into the Four Seasons Building Products network.
"Becoming part of Four Seasons Building Products further cements us as the only national player while expanding our reach and offerings," said Larry Berryhill of Birmingham, formerly with SMP and now Vice President & General Manager of Four Seasons Building Products – East, which will incorporate both SMP and FSBP businesses.
"We are excited to add Superior Mason Products to our Four Seasons Building Products family," said Steve C. Stephens, President of Four Seasons Building Products and Business Development Officer for Latium USA. "Together with our acquisition of AlumaLine earlier this year, this cements our position as the leading national manufacturer of outdoor patio cover products, with three dedicated factories and 22 service centers across North America."
"We can now provide even more high-quality products to our 7,000 plus professional dealers, contractors, distributors, builders and commercial customers," Stephens continued. "Our strong brands will all remain, and we look forward to delivering even better service and a wider assortment of outdoor living products."
The acquisition of Superior Mason Products represents a major milestone for FSBP's parent company Latium USA, which acquired Metals USA in 2013 and formed the Four Seasons Building Products business, based in Holbrook, NY. Shaun Kennedy, CEO Latium USA, highlighted the progress, stating that, "We are committed to the outdoor products space and continue to grow both organically and through key, high-quality acquisitions. Our business has now tripled in the last two years. We will continue to look for a sensible combination of organic growth and acquisitions into the immediate future."
Latium USA and its board were advised by Sphaeris Capital Management LLC, a specialist in add-on acquisition programs, middle market mergers & acquisitions, and proprietary investments globally. This investment marks Latium USA's third acquisition and collaboration with Sphaeris Capital in a program to grow Latium's residential and commercial building products platform.
Four Seasons Building Products (FSBP) is one of the largest manufacturers of outdoor living products and is owned by LatiumUSA, part of Latium Enterprises global group of diversified businesses. Headquartered in Holbrook, New York, FSBP has the largest national footprint of factories and 22 Service Center Locations to deliver the best customer experiences and support across North America.
FSBP features industry-leading brands that are tailored to our customers' needs, including our Four Seasons Building Products, Superior-Mason Products, AlumaLine Distribution and LK Outdoor Products brands.
FSBP is known for its-high quality products and specializes in bringing innovative customer solutions to transform outdoor living spaces with a full range of options in Patio Covers, Pergolas, LifeRooms, Pool Enclosures, Carports, Screens, Awnings and Patio Rooms to our network of over 7,000 Professional Dealers, Contractors and Distributors in Remodeling, Commercial and Home Building Channels.
SOURCE Four Seasons Building Products
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