Posted August 17, 2018
U.S. Lumber Group, LLC ("U.S. Lumber ") and Alexandria Moulding have signed an agreement under which U.S. Lumber will acquire Alexandria Moulding. The combination will create a company with a broader geographic presence as well as enhanced product and service capabilities.
Upon completion of the acquisition, Alexandria Moulding will continue to be led by its existing management team from its current headquarters in Alexandria, Ontario, Canada, and will continue to provide all the exceptional products and services that Alexandria Moulding customers have come to expect under its existing brand name. Mr. Cholette will be joining the U.S. Lumber Board of Directors.
Financial terms of the transaction were not disclosed. The companies expect to complete the transaction by early October 2018, subject to the satisfaction of customary closing conditions.
U.S. Lumber, based in Atlanta, is a leading two-step distributor of specialty building products in the Eastern and Midwestern United States.
Alexandria Moulding, headquartered in Alexandria, Ontario, Canada, is a leading manufacturer and two-step distributor of a full range of mouldings and accessories across all of Canada and the northern United States.