2 Acquisitions in the Wood Processing industry - Flippa

Company acquisitions in the Wood Processing industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Wood Processing industry.

Calvert acquired by Western Forest Products

Details about the transaction:

Acquisition amount: $14,500,000

Announcement: 19 July 2022

Details about the company:

Glulam and heavy timber trusses of the curved and arched kind are manufactured and fabricated by Calvert.

Headquarter:

Where to find them: Website

Industry: Building Material, Manufacturing, Wood Processing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Kinetic acquired by Precision Marshall

Details about the transaction:

Acquisition amount: $26,000,000

Announcement: 30 June 2022

Details about the company:

The third-generation family-owned business Kinetic takes pride in being referred to as the "World's Premier Knifemaker."

Headquarter:

Where to find them: Website

Industry: Industrial Manufacturing, Manufacturing, Wood Processing

Details about the buyer:

Visma offers services and company software for administration and accountancy.

Headquarter:

Where to find them: Website

Ray is the VP of Sales at Flippa and has a passion for helping buyers find their dream digital asset, and helping sellers find a successful pathway to exit. Ray is motivated to create a more intuitive way to buy and sell online businesses, with success in managing multi-million dollar deals.

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