Hoff Companies Acquire Allied Lumber DealersNovember 15th, 2012 by DWM Magazine
Hoff Companies, based in Meridian, Idaho, announced the purchase of the assets of Allied Lumber Dealers, a wholesale door distributor in Denver, which will be merged with Hoff’s Trimco Millwork Distribution Division.
“We are very excited about having Jim Bakarich, and his team join our company,” says Hoff president and CEO, Brian Hoff. “We’ve been looking to expand our product offering in doors in the resurgent Front Range market of Colorado for quite some time, and Allied Lumber Dealers gives us the means to do so.”
Jim Bakarich, president and second-generation member of the founding family adds, “The combination of our current business, along with the capital and operating support from Hoff through Trimco, will allow us to expand the combined company at a much faster rate, give all employees more opportunity for personal growth and provide a wider variety of products to all of our customers more efficiently.”
Allied Lumber Dealers will become part of Hoff’s Trimco Distribution Division, and report directly to Paul Peters, Trimco Millwork Division manager. “We’re very pleased to have the Allied Lumber Dealers team on board and are looking forward to combining forces with our Aurora, Colo., distribution operation to better serve our customers in the Front Range and neighboring markets. We have experienced a significant upturn in our business recently and we expect to grow even faster by adding Allied’s expertise and resources to ours.”
Terms of the acquisition were not disclosed.