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Drake Group & Affiliated Distributors (AD) Announce Intent to Merge

02.28.19

The Drake Group LLC and Affilated Distributors (AD) Building Material Division recently announced Intent to Merge in coming months per their executed non-binding Memorandum of Understanding.  This important merger of two Groups of Independent Specialty Gypsum Distributors is conditional on completion of Definitive Agreement and other legal work with expectations of this Strategic combination to be completed as soon as April 2019 or soon after.  The combined Drake/AD would represent approximately 150 Independent Specialty Gypsum Distributors in the United States operating approximately 400 locations.  Affiliated Distributors Website:  www.adhq.com

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