US LBM strikes in Michigan with Northern Building Supply acquisition
Just a day removed from announcing its big acquisition of Mid-Cape Home Centers in Massachusetts, US LBM has struck again: this time in Michigan.
The pro dealer announced that it has acquired Northern Building Supply, a full-service building products distributor and retailer which operates two locations in northern the part of the state.
Founded in 1904, Northern Building Supply offers lumber and a wide range of specialty building products, including windows, doors, decking, cabinetry, hardware and paint, along with kitchen and bath design services to homeowners, builders and contractors from its locations in Traverse City and Suttons Bay, Mich.
"We're excited to partner with US LBM," said Ed Beuerle, who will continue to lead Northern Building Supply's operations. "As part of the US LBM family, we get the best of both worlds, keeping our trusted team and the relationships we've built with customers and our community while being able to offer our customers even more products and resources to help them get the job done right."
Northern Building Supply's owner George Cochran will be leaving the business to focus on other local ventures, US LBM said.
"We've built something special, and I'm proud of our long service to the community and the building trades," said Cochran. "It's been a privilege to work alongside such a professional and knowledgeable team, they're truly the best, and I look forward to the great success Ed and the entire team will have with US LBM."
Northern Building Supply will operate as part of US LBM's Standard Supply and Zeeland Lumber divisions, which will now have a combined 19 locations across Michigan.
"The Northern Building Supply team is known for their quality products and superior service, and we're pleased to welcome them to US LBM," said US LBM President and CEO L.T. Gibson. "Northern Building Supply complements our existing Michigan operations and expands our reach into the growing communities of northwest Michigan."
Anchor Peabody served as the exclusive advisor to Northern Building Supply. The financial terms of the deal were not disclosed.
Based in Buffalo Grove, Ill., US LBM operates more than 400 locations nationwide.
Yesterday the company announced that it had acquired Middleborough, Mass.-based Mid-Cape Home Centers with six building products and home improvement locations in the southern coastal region of Massachusetts.
Other major acquisitions by US LBM in 2021 include American Construction Source, Brand Vaughn Lumber, Higginbotham Brothers, and Gilcrest/Jewett.
