Gibraltar Industries, a manufacturer of products for the residential, agtech, and infrastructure markets, acquired residential roofing and rainware solutions provider OmniMax for $1.335 billion.
“The acquisition of OmniMax, and its highly complementary brands, product portfolio, and footprint with localized expertise, accelerates our strategy to expand in residential building products while enhancing customer experience,” says Gibraltar chairman and CEO Bill Bosway.
Following the completion of the acquisition, Gibraltar’s residential business is expected to generate over 80% of the company’s revenue and adjusted EBITDA, according to a news release.
“Roofing M&A is intriguing because the industry faces an unusual effect of homes built in the mid-2000s requiring roofing replacement, combined with a shift to roofing tear-off timing from the shift in roofing materials,” says Todd Tomalak, principal, advisory of building products for Zonda. “As a result, the developing opportunity of roofing is more closely tied to alternative materials, accessories, or other labor-advantaged services. Roofing is also becoming a gateway for companies to expand to other forms of home improvement.”
The merger will also create “sizable scale for a high performing building product business,” bringing more than $35 million of cost synergies by the end of 2028.
“OmniMax has built a strong and growing portfolio of trusted brands founded on an exceptional team, a broad product offering, and the delivery of outstanding customer service,” says OmniMax CEO John Krause. “We’re proud of the progress we’ve made, from building deeper operational excellence around established names in the roofing industry to bringing new rainware and accessory brands into the OmniMax family.”
The Gibraltar-OmniMax deal is the latest in a cadence of billion dollar deals in the building products sector. James Hardie acquired The AZEK Company for $8.75 billion in March, QXO acquired roofing distributor Beacon Roofing Products for $11 billion in March, Home Depot acquired Gypsum Management & Supply for $4.3 billion in June, and Lowe’s acquired Foundation Building Materials in August for $8.8 billion.
“Deal flow in 2025 has been soft amid slowing end-markets of housing and home improvement, including some challenges to margins in the industry,” says Tomalak. “That said, opportunities for meaningful strategic acquisitions are beginning to form with a path to improvements in end-markets ahead of 2027 becoming more clear. In our view, when home improvement turns positive, the multiples on these opportunities with outsized home improvement exposure immediately benefit.”
