Melville, New York-based lumber and building materials distributor Sherwood Lumber has acquired Middle Atlantic Wholesale Lumber (MAWL), the company announced May 22. Financial details of the transaction were not disclosed.
Founded in 1977, MAWL is a distributor of building products including lumber, plywood, panels and specialty items. MAWL is based in Baltimore with additional locations in Thurmont, Maryland, and Manassas, Virginia.
“This acquisition represents an important step in our growth strategy, enabling us to expand our presence on the East Coast and provide even better service to our customers,” Michael Goodman, Director of Finance/General Counsel at Sherwood Lumber, said in a news release. “We are excited to combine our expertise and resources with MAWL to create an even stronger platform for growth.”
“With great pride in what MAWL has accomplished under the previous ownership, we are thrilled about the future as MAWL and Sherwood combine as one company,” MAWL Vice President and General Manager Joel Winters said in the release. “This strategic move opens up exciting opportunities to further expand our product offerings and better serve our customers. We are excited to join forces with Sherwood Lumber and leverage our combined strengths to achieve new levels of success.”