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Campbellsport Building Supply to acquire Drexel Interiors

Posted on December 9, 2009

Campbellsport Building Supply to acquire Drexel Interiors Long-time Building Suppliers Form New Alliance in Milwaukee Area Drexel Interior to remain at Bluemound, Brookfield Location Campbellsport, WI and Brookfield WI (December 8, 2009) – Furthering its strategy of delivering outstanding service and quality name brand products to builders and their clients, Joel Fleischman, President of Campbellsport Building Supply (CBS), announced today that CBS has agreed in principle to acquire cabinetry and flooring leader Drexel Interiors. The transaction is expected to be final before the end of the month. The new company will be Drexel, Inc. and will be partner to Campbellsport and their other building supply locations Berlin Building Supply and Kiel Building Supply. The acquisition combines Drexel’s flooring, window treatment and cabinetry resources with CBS’s unparalleled portfolio of name brand quality building material products and services, resulting in vast potential for customers and the building industry in the Milwaukee and outlying areas. Currently CBS and their sister stores employ 84 full time team members throughout South Eastern and Central Wisconsin. By acquiring Drexel 43 full time positions have been retained as well. Additional jobs and opportunities will be stimulated by this merger. "With this transaction, we welcome and embrace the Drexel people and the opportunity to continue to serve their customers. The talented Drexel team has delivered outstanding service and products for over 50 years and combining with our “blue team philosophies” we plan on setting a new standard of excellence," explains Fleischman. "The addition of Drexel significantly enhances our three locations. It is a statement to our resilient customers and team members that we are able to make such an acquisition in what is hopefully the worst economic climate of our lifetime.” "CBS and our other stores in Berlin and Kiel work very hard on our company culture. We try to have fun every day, work very hard, and make our customers not only satisfied but happy. To us a satisfied customer is not nearly good enough. Our goal is to create raving fans. We know many of Drexel’s customers are raving fans. We also will be looking for many more as we institute our culture and work ethic into Drexel and the Brookfield community. We are actively involved in all the communities that we are in.” said Fleischman. Drexel plans on having the same products and services going forward. John Deerwester, store leader, has been retained to operate and assist the current sales team and his staff. To contact Drexel for your interior needs, including flooring, cabinets, countertops, kitchen, baths, and window treatments, contact John or his team at 262-786-2250. CBS was ranked the 81st largest pro-dealer in the nation for 2009 according to Pro-Sales magazine publications and their Berlin location was the 311th fastest growing company in the nation per Inc. Magazine. They serve contractors, their clients, and the local communities. To contact them call 1-888-715-9663. To learn more about them visit their website: www.furnishanddesign.com. For additional information contact: Campbellsport Building Supply Joel Fleischman joel.fleischman@furnishanddesign.com 920-533-4412

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