Posted October 31, 2011
US LBM makes new acquisition
BlackEagle Partners acquired the Midwest operations of Lyman Lumber Company, including its Chanhassen location, Automated Building Components, Carpentry Contractors Corp., and Lyman Lumber of Wisconsin.
BlackEagle Partners owns US LBM Holdings, a collection of eight building products distributors serving the Midwest, Northeast, and Mid-Atlantic in nine states with more than 40 locations.
Lyman, headquartered in Excelsior, Minn., serves the Minneapolis-St. Paul metropolitan area as well as Eau Claire, Wis., providing homebuilders and professional remodelers with a full-suite of building materials and services. Lyman employs more than 500 people with annual sales exceeding $100 million.
Lyman's vice president of operations, Dale Carlson, will remain with the business in his new role as president. "The breadth of products and quality of services offered by all of our business lines at Lyman will only improve through our partnership with US LBM," Carlson said. "With US LBM and BlackEagle, we found a partner that respects the integral relationships that our customers, vendors, and employees play in this industry."
