Denver, CO-based ProBuild Company LLC, professional building materials supplier, has agreed to buy the assets of Oso Lumber Inc., a building materials supplier based in Arlington, WA. The transaction is expected to close on April 30, 2010.
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According to ProBuild, the Puget Sound market is one of the largest housing markets in the U.S. and is a key strategic service area for ProBuild. The acquisition of Oso would give ProBuild the footprint necessary to efficiently service the entire market.
Oso is a supplier of building materials in Western Washington with six locations and supplies a full range of services including truss and wall panel manufacturing, window and millwork distribution and framing optimization.
“The addition of Oso will provide tremendous benefit and value to builders serving the Western Washington market,” said ProBuild CEO Paul Hylbert. “By acquiring an outstanding company like Oso, ProBuild can combine its national scope with Oso’s local expertise and insight to offer customers unparalleled customer service and value.”
Oso, a privately held corporation, was started in 1978. The company began operations with a single location in Darrington, WA.
ProBuild operates more than 470 lumber and building product distribution, manufacturing and assembly centers serving 42 U.S. states. ProBuild sells a broad selection of building materials including lumber and plywood, engineered wood, gypsum wallboard and other drywall products, millwork, trusses, roofing, siding products, tools, insulation materials, and metal and hardware specialties. The company’s manufacturing activities include trusses, wall panels, millwork, and pre-hung door and window fabrication.