Materials M&A » By The Online Investor Staff, updated Fri., Apr. 19, 8:33 AM
Recent mergers and acquisitions in the Materials M&A category.
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Slide #37. Universal Forest Products Inc. — Certain Assets of SE Panel and Lumber Supply
Acquirer:
Universal Forest Products Inc. (NASDAQ:UFPI)
Acquiree:
Certain Assets of SE Panel and Lumber Supply
Details:
Universal Forest Products Inc. (NASDAQ:UFPI) today announced that one of its subsidiaries has agreed to purchase certain assets of SE Panel and Lumber Supply, a South Daytona, Fla.-based distributor of Olympic Panel overlay concrete forming panels and commodity lumber products to the concrete forming and construction industries.
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; roof trusses, structural lumber and panels, and other products for the manufactured housing industry; engineered wood components for residential and commercial construction, customized interior fixtures, millwork, and casework used in retail, commercial and other structures; and structural wood packaging, other packing materials, and OEM components for various industries. Co. also provides wood and wood composite decking and related accessories, decorative lawn and garden products and craft and hobby products.
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Avg. Broker Rec.
 
|
Buy (2.80 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: UFPI Stock Forecast Based on Zacks ABR data; powered by Xignite |
