GMS Acquire M.R. Lee Building Materials

Gypsum Management and Supply Inc. (GMS), a North American distributor of wallboard, suspended ceiling systems and other specialty building products, acquires M.R. Lee Building Materials (M.R. Lee), a single-site drywall distributor based in Alsip, Ill., a suburb of Chicago.

M.R. Lee is a well-established and premier drywall supply company serving the greater Chicago area and surrounding markets. With more than a 50-year track record of success in the drywall industry, M.R. Lee has a rooted market presence with a loyal customer base. The M.R. Lee team prides itself on its ability to handle any job from single-family remodeling projects in the suburbs to high-rise projects in major urban centers.

“We are pleased to have M.R. Lee join our growing network of companies,” says Jerry Speights, vice president of the Central Division of GMS. “M.R. Lee’s versatility and seamless ability to serve all project types throughout the Greater Chicago Area is unmatched.”

Mel Lee, president of M.R. Lee said of the acquisition: “Our company has taken great pride in being able to handle any project, large or small. By joining GMS we will be backed by one of the largest drywall supply companies in the country. For us, the partnership makes perfect sense as it allows us to better serve the Chicago community moving forward.”

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