M&A Deal Summary

UFP Industries Acquires Shelter Products

On September 27, 2021, UFP Industries acquired distribution company Shelter Products for 7M USD

Acquisition Highlights
  • This is UFP Industries’ 3rd transaction in the Distribution sector.
  • This is UFP Industries’ 5th largest (disclosed) transaction.
  • This is UFP Industries’ 30th transaction in the United States.
  • This is UFP Industries’ 2nd transaction in Alabama.

M&A Deal Summary
Date 2021-09-27
Target Shelter Products
Sector Distribution
Buyer(s) UFP Industries
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Shelter Products

Haleyville, Alabama, United States
Shelter Products operates distribution and logistics business from an 87,800 sq.-ft. a warehouse that specializes in manufactured housing industry customers. Shelter Products is based in Haleyville, Alabama.

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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 32 of 35
Sector (Distribution) 3 of 3
Type (Add-on Acquisition) 28 of 31
State (Alabama) 2 of 2
Country (United States) 30 of 33
Year (2021) 3 of 5
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-29 Endurable Building Products

Brooklyn Center, Minnesota, United States

Endurable Building Products is a manufacturer of customized structural aluminum systems and products for exterior purposes, such as deck framing, balconies, sunshades, railings, and stairs. Endurable Building Products is based in Brooklyn Center, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Advantage Label & Packaging

Grand Rapids, Michigan, United States

Advantage Label & Packaging provides blank and customized labels, printers, label applicators, and other packaging supplies. Key industries served by the company include beer and beverage, body armor, food production and processing, greenhouse and nursery, hobby and craft, manufacturing, and automotive. Advantage Label & Packaging is based in Grand Rapids, Michigan.

Buy $16M
Mergr

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