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MoreBuilding Materials Holding Corp.'s wholly
owned subsidiary, SelectBuild Construction Inc., has completed the acquisition
of Riggs Plumbing LLC.
Building Materials Holding Corporation (BMHC) announced that its wholly owned subsidiary, SelectBuild Construction Inc., has completed the acquisition of the remaining 27 percent of Riggs Plumbing LLC, which provides turnkey rough and finish plumbing installation to high-volume residential builders in the Phoenix and Tucson markets. Riggs had 2006 sales of about $90 million.
Building Materials Holding Corporation (BMHC) announced that its wholly owned subsidiary, SelectBuild Construction Inc., has completed the acquisition of the remaining 27 percent of Riggs Plumbing LLC, which provides turnkey rough and finish plumbing installation to high-volume residential builders in the Phoenix and Tucson markets. Riggs had 2006 sales of about $90 million.
SelectBuild acquired its initial interest of 60 percent of Riggs in April 2005 and acquired an additional 13 percent in July 2005.
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