Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Kodiak’s Acquisition of Zarsky Lumber

Posted 21st May 2015

Kodiak’s Acquisition of Zarsky Lumber

Kodiak's Acquisition of Zarsky Lumber

Scroll to keep reading

Kodiak’s Acquisition of Zarsky Lumber

Kodiak’s Acquisition of Zarsky Lumber

View Biography

Andrew Sultan, Legal Adviser to Kodiak

Top management members of Zarsky Lumber and Kodiak Building Partners announced an agreement in principle under which Kodiak would purchase substantially all the operating assets of Zarsky.

Paul Hylbert, Chairman of Kodiak said, “We’ve been interested in joining forces with Zarsky for many years, and look forward to supporting the growth trajectory that the Zarsky team is on and feel they will be a significant contributor to Kodiak’s future”.

Cally Fromme, CEO of Zarsky added, “Zarsky Lumber Co, Inc. has provided building materials to South Texas for nearly 90 years. The partnership with Kodiak offers many new opportunities for our customers and our employees. We anticipate a very bright future for all parties involved.”

“We look forward to working with the excellent Zarsky team, supporting their business and continuing to grow with them in Texas”, added Steve Swinney, Kodiak’s CEO. “We feel we can leverage the Zarsky name and reputation and do more to serve their strong customer base in South Texas. Most importantly, the Zarsky key management team including Cally, Phillip Steffy, Steve Weaver, and Travis Fromme will continue with the company under the new ownership structure.”

The parties indicated that the deal is subject to normal closing conditions and should be consummated by the end of the second quarter.

Categories: M&A, Strategy

You Might Also Like

4 Ways to Prevent and Control Illness In the Workplace

23/11/20214 Ways to Prevent and Control Illness In the Workplace

Employees spend a lot of their time on business premises. They come in close contact with colleagues and use shared devices in the office. Consequently, this can increase their risk of exposure to harmful pollutants and viruses.

Out There: Reasons To Use Promotional Products In Your Marketing Strategy

03/01/2023Out There: Reasons To Use Promotional Products In Your Marketing Strategy

Promotional products are a great way for businesses to get their message out to potential customers. They are an important tool in any marketing strategy, as they can be used to build brand awareness, increase visibility and engage customers. From pens and mug

The Benefits Of Adopting Corporate Socially Responsible Philosophies

Corporate Social Responsibility

29/09/2022The Benefits Of Adopting Corporate Socially Responsible Philosophies

Social responsibility is a way to ensure good business practices and do what is suitable for your employees, staff, and customers. More and more businesses understand that their role in society goes beyond their product offerings and can profoundly impact the

Digital Validation Drives Efficiency & Compliance in Life Sciences

29/01/2024Digital Validation Drives Efficiency & Compliance in Life Sciences

OnShore Technology Group (OnShore) is an independent validation and verification firm (IV&V) on a mission to become a leader in the global life sciences industry. As

Data Regulation – Time For Businesses to Take Their Head-Out-of-the-Sand

10/06/2024Data Regulation – Time For Businesses to Take Their Head-Out-of-the-Sand

Mark Roebuck, DPO and Founder of ProvePrivacy explains how companies struggling to keep up with data regulation adherence demands should look to internal Data Champions.

Employment Hero Acquisition Enables World’s First Fully Automated Payroll Situation

10/04/2024Employment Hero Acquisition Enables World’s First Fully Automated Payroll Situation

Global employment management platform, Employment Hero, has announced the acquisition of Employment Innovations, one of the largest managed payroll providers in the world.

HAYSTACKID Acquisition of FLEX Discovery Transaction

29/02/2016HAYSTACKID Acquisition of FLEX Discovery Transaction

HAYSTACKID is an international end-to-end eDiscovery and forensics services and solutions provider.

The Basic Principles of a Business’ Customer Acquisition and Retention

12/12/2022The Basic Principles of a Business’ Customer Acquisition and Retention

Understanding the basic principles of customer acquisition and retention is key to building a strong business. Here are some tips that you can use today!

E-commerce, An Opportunity For Business Development Through The Web

05/08/2022E-commerce, An Opportunity For Business Development Through The Web

eCommerce is becoming a crucial part of corporate strategy and a powerful engine for economic growth in the newly developing global economy. Through increasing competition, cost reductions, and adjustments in sellers’ pricing strategies, the contin

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS