Allied Lumber Dealers, a wholesale door distributor in Denver, has been purchased by Meredian, Ohio-based Hoff Cos. The purchase price was not disclosed. Allied will be merged with Hoff’s Trimco’s Millwork distribution division.
Founded in 1957, Allied Lumber Dealers has been a leading distributor of interior doors in the Front Range for more than 50 years. Under the leadership of Nick and Jim Bakarich, Allied has become a major supplier of wood doors to lumberyards, pre-hung door and millwork shops, pro dealers and other wholesalers.
Jim Bakarich will join Trimco and continue to lead his existing team in their current facility for the next several months to ensure uninterrupted service to Allied’s customer base. Jim and his team will be directed by Paul Peters, Trimco’s millwork general manager, to provide the foundation for an orderly and seamless transition from Allied’s facility into Trimco’s existing warehouse in Aurora, Colo., in early 2013.
Trimco’s recently acquired larger facility, coupled with this acquisition, will further propel Trimco to broaden its existing product lines and increase market penetration. Products will include complementary lines in exterior doors (including pre-hung and pre-finished), full line of interior doors, multiple species of stile and rail doors, moulding products and composite decking. Since Allied and Trimco service many of the same customers, the merged businesses should improve efficiencies and delivery services for the entire customer base.
Hoff Companies, now more than 100 years old, is still family-owned and managed. It has grown to include Trimco Millwork with operations in Idaho, Utah and Colorado, Western Window, Hoff Timberland division and BanBury Land Development.
M & A Advisors, headquartered in Bellevue, Wash., acted as the seller’s exclusive adviser in this transaction. M & A Advisors is a full-service mergers and acquisitions advisory firm assisting owners and acquirers of companies primarily involved in the manufacture, distribution and sales of building products.