Industry News

Spahn & Rose Adds Century-OId Iowa Dealer

Spahn & Rose Lumber Co. has agreed to purchase Moeller & Walter, Reinbeck, Ia.

Spahn & Rose Lumber Co. has agreed to purchase Moeller & Walter, Reinbeck, Ia.

The deal includes Moeller & Walter’s real estate and business assets. To streamline operations and maximize efficiency, Spahn & Rose will consolidate its nearby Grundy Center location into the Moeller & Walter facility.

“This is a great acquisition that increases our presence in the Waterloo/Cedar Falls market,” Spahn & Rose CEO Dave Davis said. “By combining the Grundy Center Spahn & Rose location with Moeller & Walter, we’ll be able to serve our customers better than either location could before.”

The new business will be known as Spahn & Rose Lumber Co. Employees from both locations will be part of the new operation. Lynn Trask, former majority owner of Moeller & Walter, will become general manager. Ron Petersen, his partner, will also have a key role in the new business. Matt Wilson, GM of Spahn & Rose in Grundy Center, will serve as assistant general manager/operations, and Dan Mohlis will serve as assistant general manager/sales.

Founded in 1876, Moeller & Walter was purchased by Trask in 1984; Petersen became a partner in 2001.

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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