Boise Cascade to acquire Brockway-Smith for $172M; expands millwork distribution

BOISE CASCADE Co

Purchase price $172M subject to working capital adjustments; funded from existing cash balances.
BROSCO operates distribution centers in Hatfield, MA and Portland, ME; specializes in doors, millwork.
Transaction expected to close early Q4 2023, subject to HSR antitrust approval.
Boise Cascade plans to expand millwork business, adding two full-scale distribution centers.
BROSCO is a fifth-generation, family-owned company founded in 1890.

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