M&A Deal Summary

UFP Industries Acquires Quality Hardwood Sales

On March 6, 2017, UFP Industries acquired forest products company Quality Hardwood Sales

Acquisition Highlights
  • This is UFP Industries’ 14th transaction in the Forest Products sector.
  • This is UFP Industries’ 21st transaction in the United States.
  • This is UFP Industries’ 2nd transaction in Indiana.

M&A Deal Summary

Date 2017-03-06
Target Quality Hardwood Sales
Sector Forest Products
Buyer(s) UFP Industries
Deal Type Add-on Acquisition

Target

Quality Hardwood Sales

Nappanee, Indiana, United States
Quality Hardwood Sales LLC is a manufacturer and supplier of hardwood products, including components for cabinets used in homes and recreational vehicles.

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Buyer(S) 1

Buyer

UFP Industries

Grand Rapids, Michigan, United States

Category Company
Founded 1955
Sector Forest Products
Employees15,800
Revenue 7.2B USD (2023)
DESCRIPTION
Universal Forest Products' corporate headquarters in Grand Rapids, Michigan.
Universal Forest Products' corporate headquarters in Grand Rapids, Michigan.

UFP Industries designs, manufactures, and markets wood and wood-alternative products for national home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, specialty wood packaging, components and packing materials for various industries, and customized interior fixtures used in a variety of retail stores, commercial and other structures. UFP Industries was founded in 1955 and is based in Grand Rapids, Michigan.


DEAL STATS #
Overall 23 of 35
Sector (Forest Products) 14 of 17
Type (Add-on Acquisition) 19 of 31
State (Indiana) 2 of 2
Country (United States) 21 of 33
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 UBEECO Group Pty.

Erskine Park, Australia

UBEECO Group Pty. Ltd. is a manufacturer and distributor of wood packaging and alternative material products, including boxes, crates, pallets, skids, protection packaging, packaging accessories and loose lumber.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-27 North American Container

Marietta, Georgia, United States

North American Container Corp. is a manufacturer of structural packaging products, adding steel, corrugated and hardwood packaging to Universal’s growing portfolio of industrial products. North American Container was founded in 1967 and is based in Marietta, Georgia.

Buy -