January, 2016. Glen Oak Lumber & Milling has sold its Kentucky assets and facility to Menzner Lumber & Supply Co., a Marathon, Wisconsin company.
Menzner is a fourth generation family-owned company with operations in Wisconsin, Mississippi, and South Carolina and 350 employees. Menzner Hardwoods’ cabinet and molding products are sold through retailers and dealers throughout the U.S. The acquisition of Glen Oak’s Kentucky business will add strategic production assets and 90 talented employees to Menzner’s operations.
“Steve and the Peakstone team were very thorough and diligent in maximizing the number of potential buyers for our Kentucky operations. They applied a great deal of expertise and resources to bring multiple parties to the table.” said Tom Talbot, owner of Glen Oak.
The transaction was the first of two completed by The Peakstone Group in 2015 in its role as exclusive M&A advisor to Glen Oak. Terms of the transaction were not disclosed.
For additional information about this transaction, contact:
Steve Royko, Managing Director, 608-236-4490, firstname.lastname@example.org
Peakstone is an investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The Peakstone team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, please visit our website, www.peakstone.com.