Building Materials
Brad Jacobs’ QXO Acquires Kodiak Building Partners, Stock Soars
QXO, founded by serial entrepreneur Brad Jacobs, has acquired Kodiak Building Partners for $2.25 billion, driving its stock up by over 11% today. This move advances QXO’s strategy to disrupt the North American building products distribution market.
Bamboo Scaffolding: Tradition, Tragedy, and Transformation After Hong Kong’s Deadliest Fire
Hong Kong’s deadliest fire in over a century has cast a harsh spotlight on bamboo scaffolding—a symbol of tradition now at the center of urgent safety debates. As authorities launch citywide inspections, experts and workers weigh the future of bamboo…
Home Depot Completes $5.5 Billion GMS Acquisition
Home Depot’s $5.5 billion acquisition of GMS aims to enhance its market reach among professional contractors while expanding its distribution network and capabilities.