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Materials M&A image Materials M&A » By The Online Investor Staff, updated Sat., Jul. 11, 2:51 AM Recent mergers and acquisitions in the Materials M&A category.

Slide #23. Universal Forest Products Inc. Assets of National Fiber

Acquirer: Universal Forest Products Inc. (NASDAQ:UFPI)
Acquiree: Assets of National Fiber
Details: Universal Forest Products Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has agreed to purchase the assets of National Fiber, a leading manufacturer of cellulose insulation located in Belchertown, Mass., that serves major markets in the northeastern United States. The transaction is expected to close by January 31, 2014.

UFP Industries is a holding company. Through its subsidiaries, Co. designs, manufactures and markets wood and wood-alternative products for national home centers and other retailers, structural lumber and other products for the manufactured housing industry, engineered wood components for residential and commercial construction, specialty wood packaging, components and packing materials for various industries, and customized interior fixtures used in a variety of retail and commercial structures. In addition, Co. provides a portfolio of outdoor living products, including wood and wood composite decking and related accessories and decorative lawn and garden products.

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Company Name: 
UFP Industries Inc
Website: 
www.ufpi.com
Sector: 
Metals Fabrication & Products
Number of ETFs Holding UFPI: 
54
Total Market Value Held by ETFs: 
$623.39M
Total Market Capitalization: 
$2.98B
% of Market Cap. Held by ETFs: 
20.93%
 

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Strong Buy (3.50 out of 4)
63rd percentile
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