Kodiak Acquires Medallion Industries, Inc.February 25th, 2020 by Emmariah Holcomb
The owners of Medallion Industries, Inc. (Medallion) and Kodiak Building Partners Inc. (KBP) announced the acquisition of Medallion, as of February 3, 2020. Medallion, is based in Portland, Ore. and has operations in Livermore, Calif. and Bend, Ore.
The company was founded by Norm Tschida in 1971 and most recently owned by its senior management team including president, Tim Mahaffy, chief operating officer and senior vice president Julie Nix, vice president, Mike Mahaffy, and chief financial officer, Roger Ernst. According to the company, Mahaffy, Nix, Mike Mahaffy, and Ernst will continue to lead Medallion, as it joins the General Lumber Group at KBP under the leadership of Pat & Mike Flood.
“The fact that Medallion will nicely complement our presence in the Northwest, which includes Builders Alliance and Frontier Building Supply, just makes the opportunity all that more attractive, said Steve Swinney, Kodiak president and CEO.