Duluth, Georgia-based Specialty Building Products has agreed to acquire Millwork Sales, a wholesale distributor of doors, door components, moulding and millwork products with locations in Orlando and Royal Palm Beach, Florida.
SBP said the agreement represents the company’s efforts to “expand its door manufacturing and distribution capabilities and expand the company’s presence in Florida and the Southeast. “
Financial terms of the deal were not disclosed.
Following SBP’s recent acquisition of DW Distribution in Texas and Reeb Millwork in the Northeast and mid-Atlantic, this latest acquisition builds upon SBP’s efforts to “invest in high-performing and complementary businesses that enable geographic and market category expansion,” the company said.
“We are excited to bring Millwork Sales into the SBP family,” said Jeff McLendon, president and CEO of Specialty Building Products. “Millwork Sales has a strong reputation and an outstanding team focused on delivering superior value to customers in Florida with products and services that are complementary to our offerings. SBP is pleased to collaborate with Millwork Sales and serve dealers and door shops more extensively in the Florida market and elevate our combined business to new heights.”
The acquisition is expected to close in 2021, subject to the satisfaction of customary closing conditions, according to SBP.