Posted March 24, 2022

Woodgrain to acquire Huttig Building Products

Woodgrain Inc. has agreed to acquire Huttig Building Products, a distributor of millwork, building materials, and wood products.

This acquisition will significantly increase Woodgrain’s distribution network, its product offering, and its value-added services.

Huttig, currently in its 138th year of business, is one of the largest domestic distributors of millwork, building materials and wood products used principally in new residential construction and in-home improvement, remodeling and repair work.

“Huttig has a long history as a value-added distributor, focused on service and innovation. This acquisition will increase our footprint by expanding our network, and by adding Huttig’s expertise and resources to our own, we are positioned to bring even more value to our respective customers and supply partners. We are thrilled to add Huttig’s talented associates to our Woodgrain family,” said Kelly Dame, president and chief executive officer of Woodgrain.

Woodgrain will acquire Huttig in an all-cash transaction valued at $10.70 per share, or approximately $350 million including the assumption of debt. 

Woodgrain is one of the largest millwork operations in the world, with locations throughout the United States and Chile.