Metrie, a manufacturer and distributor of millwork solutions, announced a definitive agreement to acquire EL & EL Wood Products, a two-step distributor of molding, millwork, and door products.
“As a company, we [Metrie] are committed to bringing the best experience to the industry to our valued partners,” Metrie president and CEO Kent Bowie said in a prepared statement. “However, until today’s announcement, we had a relatively small distribution footprint in California, the fifth largest economy in the world. This acquisition strengthens our efforts to provide the millwork industry with innovative solutions and will solidify our leadership position for customers across all North American markets.”
Bowie said the values of Metrie and EL & EL aligned, as both companies are family-owned and have been “nurturing our customer partnerships for generations with a long-term view to success.”
“Combined with the 2020 acquisition of our Sacramento MDF manufacturing facility, we will add state-of-the-art distribution and fabrication facilities in Chino and Galt, Calif., and a talented team that is passionate about supporting their customers,” Bowie said.
Completion of the acquisition is subject to U.S. antitrust approval. The acquisition is expected to close in mid-April.
“This transaction is the perfect one for the EL & El team,” Cathy Wong, president and chairwoman of the board at EL & EL, said. “We have been family-owned for more than 50 years, and we want to ensure the excellence of operations and customer service, for which EL & EL is rightly proud, continues long into the future.”
Metrie operates six solid wood and MDF manufacturing facilities and 24 distribution centers in the United States and Canada.
