Chelsea Building Products Acquires Rights to Everlast Cladding System from ABC Supply
OAKMONT, Penn — Chelsea Building Products, Inc. has acquired the assets for the Everlast® Polymeric Cladding System, including the brand and full distribution rights from American Builders and Contractors Supply Co., Inc. (“ABC Supply”). With this acquisition, Chelsea Building Products will be the sole manufacturer/marketer of the Everlast Polymeric Cladding products. The Everlast Polymeric Cladding products have been manufactured, under a supply agreement, by Chelsea Building Products for the past seven years and sold exclusively to Norandex Building Materials Distribution, Inc. and ABC Supply since its acquisition.
For ABC Supply, this will be a seamless transition into a traditional manufacturer/distributor relationship. Its’ Norandex business unit will continue to be the sales and marketing arm promoting the Everlast Polymeric Cladding products across the ABC Supply branch network on behalf of Chelsea Building Products.
Peter Dewil, President and CEO of Chelsea Building Products, commented, “We are excited about the opportunity to further develop and build upon the existing Everlast Polymeric Cladding brand. The acquisition of this successful composite siding line will allow us to continue to invest in product development and expand the Everlast offerings. While we look forward to continue to grow our relationship with ABC Supply, we are also committed to expanding distribution and the promotion of the Everlast Polymeric Cladding line.”
Everlast Polymeric Cladding products are produced from a proprietary composition of polymeric resins, organic minerals and acrylic colorants, giving them strength, durability and ease of installation without sacrificing performance or attractive curb appeal. Everlast is light, easy to cut and install, has an extruded cap stock surface, and can be installed utilizing many readily available siding and trim accessories. Since the cladding is made with acrylic colorants and is not painted, it provides superior weatherability.
Source: Chelsea Building Products