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Snavely Forest Products, Pittsburgh, Pa., has agreed to purchase Mid-States Wholesale Lumber Co., Oklahoma City, Ok. The deal is expected to close on or before December 30, 2022.
As a subsidiary of Snavely, Mid-States will continue to operate seamlessly and consistently. They will preserve the Mid-States name, work under the same management team, and most importantly, retain its greatest asset—its employees.
Clark Spitzer, president of Snavely, said, “We are proud and excited to have Mid-States join our company. 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. Growth is the fuel that feeds an ESOP, and the addition of Mid-States will support our strategic growth goals and contribute greatly to keeping our company healthy and vibrant.”
Mike Davis, general manager of Mid-States, added, “We have an obligation to maintain our current culture, continue to serve our relevant customer base, and generate value for our employees. We look forward to joining the Snavely family and creating new and expanded business opportunities for our customers.”
Mid-States Wholesale has been serving the Oklahoma City, Tulsa, and Wichita regions since 1986.