The leadership teams from Hammond Lumber Company and Brock's Building Materials.
Hammond Lumber Company has acquired Brock’s Building Materials, a third generation, family-owned company located in Rochester, N.H.
With the acquisition, Hammond now has nearly 900 employees and 22 locations across Maine and New Hampshire. Hammond is a fourth-generation, family-owned building material retailer established in 1953.
The terms of the deal were not disclosed.
"We are incredibly excited to welcome the Brock’s family and team,” said Mike Hammond, president and CEO of Hammond Lumber. “Brock’s shares many of the same family-owned values as Hammond Lumber Company and both companies are excited for this new growth opportunity. Scott and Connie Brock felt there was great compatibility between Brock’s and Hammond Lumber Company as both companies’ success has been built on providing exceptional customer service and taking care of their employees and customers.”
Founded in 1961 by Maurice and Anne Brock, Brock’s has served the seacoast and lakes regions of New Hampshire and southern Maine for more than 60 years.
Hammond has offered employment to all of Brock’s employees and owners. Scott and Connie Brock, will become branch manager and assistant branch manager of Hammond’s new Rochester location.
Hammond said that during the initial phase of integration, the company’s goal is to operate Brock’s under a ‘business as usual’ basis for all employees at both companies.
“We will work collaboratively with the Brock’s team with the goal of a seamless integration process for all our employees, customers, and vendors,” Mike Hammond said. “We expect there to be minimal changes to day-to-day operations for both companies and a continued focus on exceptional customer service.”
This acquisition brings Hammond's employees count to 870. The prodealer is based in Belgrade, Maine and was founded in 1953.
Anchor Peabody was the exclusive financial advisor to Hammond in the transaction, provided due diligence and transaction execution support.