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Midwest millwork distributor Moehl Millwork has been acquired by Home Factories, Inc., a wholly owned subsidiary of Building Material Distributors, Inc., Galt, Ca.
Moehl’s headquarters in Ankeny, Ia., supplies windows, doors, moulding and cabinets throughout Iowa, while its branch in Olathe, Ks.—Kansas City Millwork—serves contractors in the Kansas City metro area.
“Moehl has created a strong brand name and reputation for exceptional service. We think the Moehl team will be a great addition to our employee-owned culture,” said Jeffrey Gore, president & CEO of BMD, Inc. “Moehl adds to our already significant presence with strong channel partnerships that expand and strengthen our position and open up new markets and opportunities. The synergies in millwork product lines and in other specialty building product categories are significant and will bring additional value to current customers of Moehl and BMD.”
“It was apparent early on in the process that our cultures and values are well aligned and I am extremely excited to see what the future holds for Moehl under BMD’s portfolio of businesses,” said Don Rudd, Moehl’s CEO and owner. “Not only the fact that all Moehl employees and management will remain in place, but that they will have the opportunity for ownership via BMD’s employee ownership program was important in finding the right partner to continue to grow and provide exceptional service to our customers in the Midwest.”
He said the deal will allow the company to increase its existing sales and expand into new product lines and territories.
