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Sherwood Lumber, Melville, N.Y., has purchased Middle Atlantic Wholesale Lumber (MAWL), Baltimore, Md., expanding its geographic footprint and service capabilities.
Founded in 1977, MAWL serves Maryland, Virginia, Pennsylvania, Delaware, New Jersey, New York, West Virginia, and beyond.
By combining the strengths of Sherwood Lumber and MAWL, the two companies will create a larger and more diverse distribution network, with an expanded product offering and improved logistics capabilities.
“We are delighted to welcome the exceptional team at MAWL to the Sherwood Lumber family,” said Michael Goodman, director of finance/general counsel at Sherwood Lumber. “This acquisition represents an important step in our growth strategy, enabling us to expand our presence on the East Coast and provide even better service to our customers. We are excited to combine our expertise and resources with MAWL to create an even stronger platform for growth.”
“With great pride in what MAWL has accomplished under the previous ownership, we are thrilled about the future as MAWL and Sherwood combine as one company,” said Joel Winters, VP and general manager at MAWL. “This strategic move opens up exciting opportunities to further expand our product offerings and better serve our customers. We are excited to join forces with Sherwood Lumber and leverage our combined strengths to achieve new levels of success.”
With the acquisition of MAWL, Sherwood Lumber will now have access to new markets and customers, as well as expanded distribution channels. The combined company will be better positioned to meet the needs of customers across the region, with improved logistics and supply chain capabilities.
In addition, this strategic acquisition opens doors for Sherwood Lumber to explore similar growth opportunities across the country. Sherwood Lumber remains open to future partnerships that can further expand its reach and solidify its position as a national leader in the lumber and building materials industry.