Beacon Completes Solar Product Divestiture

Beacon has completed the sale of its solar products business to BayWa r.e., a renewable energy developer, service supplier, and systems provider globally and in the Americas. Beacon’s solar products business consisted of four dedicated and six shared branch locations where it distributes solar products, including photovoltaic panels, to both residential and commercial contractors. The business was part of the larger Allied Building Products acquisition in 2018. Beacon says the divestiture is in line with its strategy to focus on its core exteriors customers.