M&A
confidence high
sentiment positive
materiality 0.40
UFP Industries acquires C & L Wood Products for $24.8M trailing sales; expands PalletOne footprint
UFP INDUSTRIES INC
- C&L had trailing 12-month sales of $24.8M through Nov 2024; ~115 employees.
- Acquisition adds pallet and mulch production in Hartselle, AL, serving Northern AL and Central TN.
- C&L President Henry Bowman and Operations Manager Frank Janek will continue leading the business.
- Company becomes part of UFP Packaging's PalletOne unit, a top U.S. machine-built pallet maker.