June 17, 2021

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WSB Titan Announces Acquisition of D.L. Developing Materials

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VAUGHAN, Ontario–(Organization WIRE)–WSB Titan (“Titan”), a subsidiary of GMS Inc. (NYSE: GMS), a foremost North American specialty distributor of interior constructing products, today introduced the completion of the acquisition of D.L. Constructing Products, Inc. (“DL”).

Launched in 1988, DL is a leading supplier of wallboard, acoustical ceilings, steel framing, insulation and related constructing solutions serving Eastern Ontario and Western Quebec marketplaces by means of two spots in Gatineau, QC and Kingston, ON. With the addition of DL, GMS expands its Canadian presence to begin service of the increased Ottawa-Gatineau, ON-QC marketplace, the sixth most significant metropolitan location in Canada and the federal capitol town. The acquisition also marks GMS’s first area in the Quebec sector as it proceeds to execute on strategic enlargement aims in Canada.

Founder Richard Davis, Common Manager Shana Davis and their complete team will continue to direct the business enterprise heading forward. DL areas will keep on to run under the D.L. Constructing Components brand name and in link with Titan’s present 7 locations operating across Southern Ontario as Watson Creating Provides to service consumers throughout the region.

“Over a 30-moreover 12 months heritage, we have often prided ourselves on top quality assistance, top-quality functions and an entrepreneurial tradition,” remarked Mr. Davis. He additional, “I’m thrilled for our workforce, prospects and vendors to see that legacy proceed in partnership with the Titan / GMS loved ones and am looking ahead to a truly vivid long run for our small business.”

Travis Hendren, President of WSB Titan, commented “We’re fired up to formally welcome Richard, Shana and the overall DL crew. We have a extended marriage with DL and been functioning together for in excess of a 10 years but welcome them turning out to be section of GMS. Today signifies a strategically sizeable milestone for the business as we enter the Ottawa marketplace and go on to create out the industry’s most complete nationwide system.”

About WSB Titan:

Headquartered in Vaughan, ON and launched in 2009, WSB Titan is the most significant wallboard distributor in Canada and operates from a community of over 30 distribution places across 6 Canadian Provinces stretching from Vancouver Island to Quebec.

For extra information and facts about WSB Titan, make sure you check out www.wsbtitan.com.

About GMS:

Celebrating the 50th anniversary of its founding in 1971, GMS operates a community of extra than 260 distribution centers throughout the United States and Canada. GMS’s substantial solution presenting of wallboard, suspended ceilings programs, or ceilings, and complementary development solutions is intended to present a complete one-stop-store for our main purchaser, the interior contractor who installs these products in professional and residential buildings.

For far more details about GMS, make sure you go to www.gms.com.

Forward‐Looking Statements and Facts:

This press launch features “ahead-wanting statements” within just the meaning of the Private Securities Litigation Reform Act of 1995. You can typically recognize ahead-searching statements by our use of forward-searching terminology this kind of as “anticipate,” “believe,” “keep on,” “could,” “estimate,” “hope,” “intend,” “may possibly,” “might,” “prepare,” “likely,” “forecast,” “look for,” or “need to,” or the destructive thereof or other variants thereon or equivalent terminology. We have based these forward-searching statements on our recent expectations, assumptions, estimates and projections. Although we think these expectations, assumptions, estimates and projections are reasonable, this kind of ahead-on the lookout statements are only predictions and require known and unidentified risks and uncertainties, a lot of of which are outside of our manage. Ahead-on the lookout statements entail pitfalls and uncertainties, which include these things described in the “Hazard Things” section in our filings with the SEC. We undertake no obligation to update any of the ahead-on the lookout statements manufactured herein, irrespective of whether as a outcome of new details, long term activities, changes in expectation or or else.

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