M&A
confidence high
sentiment positive
materiality 0.70
UFP Industries acquires Oldcastle APG's MoistureShield decking assets to expand Deckorators capacity
UFP INDUSTRIES INC
- Acquired manufacturing assets, inventory, product brands, and proprietary CoolDeck composite decking technology.
- CEO Will Schwartz says acquisition removes constraints and adds capacity to meet demand in outdoor living market.
- President Landon Tarvin expects to double WPC decking capacity to $200M by 2027 with this investment.
- Oldcastle APG retains and continues operating its RDI Railing and Catalyst Fence Solutions brands.
- Acquisition met internal return targets and positions Deckorators for long-term growth; no purchase price disclosed.