FRISCO, Texas — NWH, a premier hardwoods supplier, has acquired Post Hardwoods, a long-standing hardwood supplier and manufacturer based in Hamilton, Michigan.
Post Hardwoods, established in 1980 by brothers Bob and Junior Post, is renowned for delivering high-quality and diverse hardwood lumber and logs from the Glacial region to its customers, according to the new owners. The company's 13,500-square-foot sawmill facility is situated on 20-acres, approximately 35 miles south of Grand Rapids.
After operating Post Hardwoods for nearly five decades, the Post brothers engaged Calder Capital to find their successor. Calder and advisor Matt Baas worked quickly, closing the transaction after 2 months on the market.
"The acquisition of Post Hardwoods marks an important milestone in NWH’s growth," said Nathan Jeppson, CEO of NWH. "Their impressive operations complement our commitment to reinforce and expand our position as a global leader in hardwood supply.”
Post Hardwoods' extensive log sales business enhances NWH's product range and flexibility, offering customers greater variety. The acquisition also gives NWH access to an array of sought-after Glacial species. Additionally, Post Hardwoods’ deep experience in sawing high-quality lumber and superior sourcing capabilities broadens NWH’s supply chain.
“We’re delighted to be joining the NWH family,” said Bob Post, CEO of Post Hardwoods. “This move paves the way for exciting new opportunities for our team while allowing us to uphold our unwavering commitment to quality. Together, we can better serve our customers and lead the hardwood industry into the future.”
“As a long-term customer and partner of Post Hardwoods, we have first-hand experience with the exceptional quality their mill delivers,” continued Jeppson. “This acquisition underscores the strength of our long-standing relationship and mutual commitment to industry excellence.”
Matt Baas of Calder Capital served as the lead Mergers & Acquisitions Advisor. Baas commented, “We are excited to have had the opportunity to represent Post Hardwoods. It was a well-built and respected company in the hardwoods industry. NWH is the ideal partner for the continued growth and success of the business.”
Calder Capital, LLC served as the exclusive financial advisor to Post Hardwoods. The terms of the transaction were not disclosed.
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