GAF Completes Acquisition of Quest Construction Products
Parsippany, NJ (PRWEB) August 24, 2015 -- GAF, North America’s largest roofing manufacturer, announced it has completed the acquisition of Quest Construction Products (QCP), a former division of Quest Specialty Chemicals and the largest supplier of fluid-applied roofing systems and roof-coating products in North America. The transaction, which also provides GAF with a strong presence in coating solutions for pavement and vertical surfaces, is expected to accelerate the robust growth of GAF’s commercial business.
QCP brings excellent brands and product lines to GAF including the Hydro-Stop family of liquid membrane products, the United Coatings line of coating solutions, and the StreetBond pavement coatings. The acquisition instantly gives GAF a leading position in a high-tech, environmentally friendly, and economically efficient segment of the commercial roofing business.
QCP’s strategically positioned geographic footprint and unique technical expertise in the field will provide GAF with additional solutions to bring to its customers. QCP’s products have gained rapid acceptance in the marketplace due largely to their reflectivity, ease of application, and energy-efficiency. These highly practical and effective products will complement GAF’s existing offerings of roofing technologies and commercial solar solutions.
“This acquisition combines North America’s leading manufacturer and marketer of roofing products with the leading producer of fluid-applied solutions,” said Bob Tafaro, president & CEO of GAF. “We have acquired excellent brands and will provide an enhanced platform for their growth. QCP’s differentiated and innovative products will also boost our commercial business’s competitive advantage by offering a broader range of solutions to the market. We are empowering our contractors with the products they need to grow their businesses while strengthening our relationships with strategic building owners.”
“This acquisition demonstrates GAF’s ongoing commitment to growth and leadership in the commercial roofing industry. It is in keeping with the extraordinary investments we have made and continue to make to add capacity and gain share in commercial solutions such as insulation (ISO), TPO, and PVC single-ply membranes. We know that the QCP team will further enrich our culture of achievement, and we look forward to working together on a smooth integration.”
About GAF
Founded in 1886, GAF is the largest roofing manufacturer in North America. The company’s products include a comprehensive portfolio of steep-slope and commercial roofing systems, which are supported by an extensive national network of factory-certified contractors. Its success is driven by its commitment to Advanced Quality, Industry Expertise, and Solutions Made Simple. GAF was the first roofing manufacturer to offer a Lifetime limited warranty on all of its laminated shingles, which then evolved with the introduction of the GAF Lifetime Roofing System by extending the Lifetime coverage beyond just the roofing shingles.
With a focus on social responsibility, GAF has developed Advanced Protection® Shingle Technology, which provides excellent durability and wind resistance while reducing the use of scarce natural resources. The company has also developed single-ply and asphaltic membranes with excellent durability and high reflectivity to meet the most rigorous industry standards while helping commercial property owners and designers reduce energy consumption.
GAF also supports the roofing industry through CARE, the Center for the Advancement of Roofing Excellence, which has provided education to over 125,000 professionals. CARE’s mission is to help professional contractors and distributors build their businesses through sales and management education and to provide product and installation training to contractors, distributors, architects, property owners, and related industry personnel. For more information about GAF, visit gaf.com.
David Silverman, GAF, http://www.gaf.com, +1 973-628-3301, [email protected]
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