DW Distribution Oklahoma, Inc., announced today that it has signed an asset purchase agreement to acquire the operations of Oklahoma City based Arrowhead Lumber Sales, Inc. The acquisition is expected to close by late October. Terms of the agreement were not disclosed.
Nathan Potter, CEO for DW Distribution, Inc. said “We are thrilled to be adding a new location in Oklahoma, an important market we have served for over 25 years. The combination of Arrowhead Lumber Sales, Inc. operations coupled with our value differentiators will benefit both customers and vendors. We admire and respect the company that Dusty Hammack, his investment partners, and their talented team have built over the last 34 years and we look forward to the Arrowhead team joining our company.”
Dusty Hammack, President for Arrowhead Lumber Sales, Inc. said “Since 1981, my focus has been on providing our customers with quality forest products and personal service. This focus will not change nor will our commitment to the market. I am truly excited about the Arrowhead employees and myself joining the DW team and we are excited about contributing to their continued growth and expansion in Oklahoma.”
Source: DW Distribution