Simon Roofing Acquires Roth Roofing Products
YOUNGSTOWN, Ohio — Simon Roofing, a national manufacturer and installer of commercial roofing systems, announced Monday its acquisition of the “significant assets” of Roth Roofing Products LLC,. (formerly known as Viridian Systems) a Roth Bros./Sodexo company that manufactures commercial roofing materials.
The deal includes Simon Roofing taking ownership of inventory, equipment, product lines, formulations, codes and approvals, the Viridian name, and related intellectual property. Other terms of the acquisition were disclosed.
“Adding Viridian Systems to our family of brands enhances our manufacturing capabilities and expands our product offerings to include their patented, code-approved formulations, which in turn increases Simon Roofing’s sales potential,” said Alex Simon, co-owner, Simon Roofing.
The Viridian brand name and its individual product names will be retained and incorporated into Simon Roofing’s SR Products manufacturing business unit. SR, housed in a plant opened in 2010 in Struthers, manufactures roofing and flooring coatings exclusive to Simon Roofing installations.
“We had become concerned about our ongoing ability to manufacture products but wanted to protect our employees who had worked so hard for the company,” said Randy Settimio, vice president, Roth Business Operations, a Sodexo Company. “Therefore, we began to look for a company that would be able to continue forward with both our products and our employees, and Simon Roofing was the perfect fit.”
Roth Roofing Products, based in Tallmadge, was originally a W.P. Hickman company that was purchased by Roth Bros. in 2009. Roth Bros., based in Youngstown, was later purchased by Sodexo.
Some sales agents and employees will join SR Products Solutions Group in the transaction.
“We’ve always offered a full line of quality repair and restoration products, as well as roof systems,” said Steve Harnish, president of SR Products Solutions Group. “Adding the Viridian line and their personnel to what is already a highly qualified group, makes us now one of the best in the industry.”
Simon Roofing employs more than 200 in the Mahoning Valley and more than 500 at its 64 service centers acrossthe United States.
Copyright 2024 The Business Journal, Youngstown, Ohio.
