Atlas Holdings has entered into a definitive agreement to sell Erickson Construction to the U.S. subsidiary of Asahi Kasei Homes (AKH). The transaction is anticipated to close in late 2018, as the company says in the press release received by Lesprom Network.
AKH has significant homebuilding experience with a presence in Japan and Australia, and Erickson will be the company’s first investment in the new home construction industry in the United States.
Erickson provides residential framing products and services to homebuilders in Arizona, California and Nevada. Headquartered in Chandler, Arizona, Erickson’s 1,000+ associates serve customers ranging from single-family local and regional homebuilders to large-scale, national residential and multifamily builders. Erickson operates its own lumber and panelization yards, in which the majority of computer-designed wall panels, trusses and framing components are pre-fabricated, and employs hundreds of skilled carpenters who provide best-in-class installation and building services.
AKH is part of the Asahi Kasei Group, a diversified group of companies led by Asahi Kasei Corp., with operations in the material, homes and health care business sectors.
Erickson Construction is one of the leading providers of construction services and prefabricated building components in the western United States.
