Boise Cascade announced an agreement to acquire Holden Humphrey, a two‑step distributor headquartered in Chicopee, Massachusetts. The deal will add a 40th distribution location to Boise Cascade’s nationwide network and is expected to close in December 2025, subject to customary closing conditions.
Boise Cascade’s recent quarterly results highlighted a decline in net income and earnings per share, with the Q3 2025 EPS falling short of analyst expectations amid subdued demand and commodity‑pricing headwinds. The acquisition is part of a strategy to counter these pressures by expanding distribution reach and broadening the product mix in a region where the company seeks to strengthen its market position.
Holden Humphrey reported approximately $145 million in revenue over the past 12 months and serves lumber dealers and one‑step distributors across New England, New York, and New Jersey. The company specializes in siding, wood decking, and trim products, and the acquisition will deepen Boise Cascade’s relationships with key suppliers such as James Hardie, CertainTeed, and Henry.
Executive Vice President of Building Materials Distribution Jo Barney said the transaction "aligns with our growth strategy and expands our footprint in the Northeast. By adding Holden Humphrey’s product line, we can offer a more comprehensive solution to our customers in that geography," underscoring the strategic intent behind the deal.
Analysts have noted that the EPS miss and margin compression in Boise Cascade’s latest earnings report are key concerns for investors. The acquisition is viewed as a long‑term growth lever that could help offset current profitability challenges, provided the integration delivers the expected synergies.
The deal positions Boise Cascade to better serve customers in the Northeast, leverage existing supplier relationships, and potentially improve margins through expanded distribution. Success will hinge on effective integration and the ability to translate the enlarged network into sustainable profitability.
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