Snavely Forest Products has entered an agreement to purchase Oklahoma City-based Mid-States Wholesale Lumber Company. Mid-States is a wholesale lumber and building products company serving the Oklahoma City, Tulsa, and Wichita markets.
Snavely said the acquisition of Mid-States matches its business strategy to intentionally develop its 120-year-old culture and expand its geographic footprint as a leading wholesale distribution company within the same industry.
“We are proud and excited to have Mid-States join our company,” Clark Spitzer, president of Snavely Forest Products, said in a news release. “They are a well-run company with a solid reputation in the industry. We look forward to having them as part of our employee-owned company, and our collective collaboration to expand their presence in the market.”
As a subsidiary of Snavely, Mid-States will continue to operate under its existing brand name, work under the same management team, and retain its current employees, according to Snavely.
“We have an obligation to maintain our current culture, continue to serve our relevant customer base, and generate value for our employees,” Mike Davis, general manager of Mid-States, said. “We look forward to joining the Snavely family and creating new and expanded business opportunities for our customers.”
Pittsburgh-based Snavely Forest Products serves professional and DIY retailers, including independent dealers, home centers, door and window shops, and molding and millwork manufacturers. The distributor offers an assortment of framing lumber, cedar, engineered wood products, and other specialty building materials.