Transactions

US LBM Acquires L.D. Mullins Lumber Company

The JIAN Group acting as Financial Advisor in the transaction.

The JIAN Group initiated this transaction, assisted in the negotiations leading to its conclusion, and acted as financial advisor to the seller.

US LBM ACQUIRES South Florida Building Products Distributor

National building materials distributor acquires L.D. Mullins Lumber Company

U.S. LBM, a specialty building materials distributor, has acquired L.D. Mullins Lumber Company, a building products distributor serving builders and remodelers in South Florida.

Founded in 1946, Mullins Lumber is located in Riviera Beach and will operate as part of U.S. LBM’s Raymond Building Supply. With this acquisition, U.S. LBM now operates 18 locations in Florida. Scott and Lev Mullins, who have led the organization since 2005, will continue running day-to-day operations.

“The entire Mullins Lumber team is looking forward to the great opportunities our partnership with U.S. LBM will generate for our associates, customers and the community,” said Scott Mullins.

“South Florida continues to be a growth market for new construction, and the addition of Mullins Lumber and their great team allows us to augment and expand our operations and support for builders in the area,” said U.S. LBM president and CEO L.T. Gibson.

The JIAN Group served as the exclusive financial advisor to Mullins Lumber Company.

This article originally appeared at https://news.uslbm.com/us-lbm-acquires-south-florida-building-products-distributor/ on August 1, 2024

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