QXO Completes Acquisition of TopBuild

Deal Expected to Be Substantially Accretive to QXO’s Earnings

QXO, Inc. (NYSE: QXO) today announced it has closed its previously disclosed acquisition of TopBuild Corp. The transaction significantly expands QXO’s scale and capabilities across the building products value chain. QXO now holds leadership positions in key building product categories in North America:

#1 in insulation

#2 in roofing