(L-R): Dirk Koopman, Owner/CEO, Koopman Lumber; Edd Goralnick,
President, Lyon & Billiard; Denise Brookhouse, CFO, Koopman
Lumber; and Tony Brookhouse, COO and co-owner, Koopman Lumber
Once the deal's done, Koopman will operate 17 locations
across Mass. and Conn.
Koopman Lumber, a third-generation, family-owned supplier of
building materials in New England, has announced plans to
acquire Lyon & Billard, a building materials supplier in central
Connecticut.
Lyon & Billard currently operates four locations, including
Berlin, Cheshire, Meriden, and East Hampton. From those
locations, the company serves customers throughout Connecticut
and parts of Massachusetts, New York, Rhode Island and Vermont.
While the acquisition is not yet finalized, Koopman and Lyon &
Billard have entered into a definitive agreement, and the
companies are in the midst of the transition, officials said.
For now, it is business as usual, as they work together to
prepare for the next chapter, they added.
Upon completion, Lyon & Billard will continue operations under
its historic name, now branded as “Lyon & Billard, Part of the
Koopman Lumber Family.” Koopman plans to support the integration
by introducing its enterprise resource planning system,
providing BisTrack training for employees, and initiating light
renovations at several locations to improve the customer and
team experience.
“Lyon & Billard has built a well-known brand in Connecticut,
with a history that runs deep,” said Dirk Koopman, CEO of
Koopman Lumber. “We are excited to welcome their team into the
Koopman family and provide the tools, systems, and support
needed to help them and their customers thrive well into the
future.”
Customers can expect a steady focus on operational improvements,
technology upgrades, and long-term investments in people,
infrastructure and the local Connecticut community, officials
said.
“We could not have asked for a better partner than Koopman
Lumber,” said Edd Goralnick, president of Lyon & Billard. “They
are the real deal: family-owned, fiercely committed to doing the
right thing, and ready to invest in our people and our future.
This is going to be fun.”
Koopman Lumber, founded in 1939 and headquartered in
Whitinsville, Mass., will soon operate 17 locations across
Massachusetts and Connecticut.
Source:
dwmmag.com