Inwido acquires 60% of the shares in the first step and the purchase price is in line with Inwido's common multiples.
M&A
Total proceeds from this tenure sale and the previously announced disposition of associated Mackenzie sawmill assets are $69 million.
Patrick Industries estimates RecPro's 2024 revenues will be approximately $80 million.
This acquisition bolsters Culpeper’s marine division and enhances its ability to serve customers with durable, high-quality products designed for harsh water environments.
Nix will operate as part of US LBM's Texas Building Supply division, which serves contractors in major Texas markets including Austin, Houston and San Antonio.
With the addition of Concept Packaging Group LLC, Rengo enhances the production capability and its network in the United States.
This strategic acquisition will further position Veritiv as a leading provider of value-added products and solutions in specialty packaging distribution in North America.
Established in 1998, Gregory Door & Window specializes in providing a variety of windows, doors, and hardware.
Andritz will continue to invest in the further development of the PulpEye product line and will establish a dedicated service network to provide customers with global support.
Founded in 1994 by Dave Failing, Wyoming Millwork has two locations in Delaware that aim to serve custom and semi-custom builders with lumber and sheet goods, windows, doors, millwork, trusses and other building products.
The decision to expand in this area of construction supply is driven by strong growth projections for the Texas construction sector and the opportunity to tap into a dynamic market.
Sawco has purchased the saw sales and manufacturing portion of the HMT business and will focus on industrial saw sales, service and manufacturing across Western Canada and the US.
Parr Lumber Rochester will service a broad area that includes Olympia and Centralia. Parr will retain eight mostly long-tenured team members as part of the acquisition.
This acquisition strengthens SaintGobain’s presence in the high-growth Mexican and Central American markets.
Hiottu Oy has brought strong digitalization expertise to Raute, especially in machine vision and AI solutions. The objective of the merger is to simplify the Group structure to increase business efficiency.
The approximately 80-acre parcel purchased by GBP is located at the NEC/SEC of Bianco and Kortsen Roads in Casa Grande.
Justin Miller, President of Green Timber and Gerald Grossman, President of Grossman Forestry have signed a memorandum of understanding to combine their two companies via the sale of Grossman Forestry to Green Timber with an anticipated closing date of January 1, 2025.
This acquisition establishes the first ABC Supply location in Los Angeles, California, and the tenth within the surrounding market.
This move comes as Russian plywood exports have plummeted due to sanctions imposed by the European Union and the United States.
Demuth operates two manufacturing facilities in southern Brazil in the state of Rio Grande do Sul. The net sales of Demuth are around Euro 20–30 million annually, and the company employs around 400 people.