Spahn & Rose Lumber acquires Dunn Lumber
Spahn & Rose Lumber Co. announced that it has acquired Lake Geneva, Wis.-based Dunn Lumber.
Dunn Lumber was founded in 1894 by Edward F. Dunn, and the store has been owned by the same family since it opened. Current owners – brothers Mike and Terry Dunn – will retire after the sale.
The pro dealer serves builders, remodelers and homeowners throughout Walworth County, southeastern Wisconsin and northern Illinois. Dunn Lumber consists of three business segments: lumber & building materials, hardware and rental. The 18,000-square-foot store is also the home of DC Design Services, a full-service cabinet-design studio that caters to homeowners and contractors.
Dunn Lumber
"This acquisition is a win-win for everyone," said Spahn & Rose CEO Dave Davis. "Dunn Lumber is a wonderful family business with the same corporate philosophy as Spahn & Rose: It treats customers like family. The culture at Dunn Lumber is very similar to Spahn & Rose, so it is a natural fit. We have no plans to change Dunn Lumber's name, marketing focus or local management."
Dunn Lumber was recently named the 2019 Wisconsin Retail Lumber Association Dealer of the Year. Spahn & Rose said it plans to build on Dunn’s success by providing the acquired with efficiencies and additional resources.
Financial terms of the deal were not disclosed.
Founded in 1904, Spahn & Rose is based in Dubuque, Iowa and operates 24 locations throughout Iowa, Illinois and Wisconsin.
Dunn Lumber was founded in 1894 by Edward F. Dunn, and the store has been owned by the same family since it opened. Current owners – brothers Mike and Terry Dunn – will retire after the sale.
The pro dealer serves builders, remodelers and homeowners throughout Walworth County, southeastern Wisconsin and northern Illinois. Dunn Lumber consists of three business segments: lumber & building materials, hardware and rental. The 18,000-square-foot store is also the home of DC Design Services, a full-service cabinet-design studio that caters to homeowners and contractors.
Dunn Lumber"This acquisition is a win-win for everyone," said Spahn & Rose CEO Dave Davis. "Dunn Lumber is a wonderful family business with the same corporate philosophy as Spahn & Rose: It treats customers like family. The culture at Dunn Lumber is very similar to Spahn & Rose, so it is a natural fit. We have no plans to change Dunn Lumber's name, marketing focus or local management."
Dunn Lumber was recently named the 2019 Wisconsin Retail Lumber Association Dealer of the Year. Spahn & Rose said it plans to build on Dunn’s success by providing the acquired with efficiencies and additional resources.
Financial terms of the deal were not disclosed.
Founded in 1904, Spahn & Rose is based in Dubuque, Iowa and operates 24 locations throughout Iowa, Illinois and Wisconsin.