Riverhead Building Supply Acquires First Massachusetts YardAugust 26th, 2021 by Editor
Riverhead Building Supply, an 18-unit family-owned lumber and building materials dealer with locations in the northeast, has announced it will acquire the assets of the Mozzone Lumber Company in Taunton, Mass. The acquisition is Riverhead’s first location in Massachusetts and will enhance the company’s ability to serve customers in the southeastern Massachusetts market where Mozzone Lumber has had a strong presence for years.
Joe Mozzone, president of Mozzone Lumber, explained this will be good for customers and employees.
“Riverhead has built a reputation on quality and service. They recognize the importance of putting good people in front of a customer and that’s been central to the success of Mozzone Lumber since the business was started by my grandfather 74 years ago,” he said.
John Callahan, the president of Riverhead Building Supply agreed.
“Mozzone Lumber is a strong company, with a history of meeting the needs and expectations of their customers. They are respected in the industry and enjoy close relationships with their customers. We are excited to be entering into Massachusetts with the leadership of Joe Mozzone, his management team, and the dedicated employees of Mozzone Lumber,” Callahan opined.
Upon completion of the transition, Mozzone is expected to remain active in the business. Riverhead will look to maintain Mozzone Lumber employees to continue the customer service their market has come to expect.
The deal is expected to close in the next 60 days upon the completion of due diligence.