Riverhead Building Supply Buys Mozzone Lumber
Originally Published by: LBM Journal — September 1, 2021
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Riverhead Building Supply, an 18-unit family-owned lumber and building materials dealer with locations in New York, Connecticut, and Rhode Island, has announced the acquisition of Mozzone Lumber Company in Taunton Massachusetts. The acquisition is Riverhead’s first location in Massachusetts.
Riverhead Building Supply has acquired Mozzone Lumber.
Joe Mozzone, president of Mozzone Lumber, said in a press release that the acquisition will be good for customers and employees. “Riverhead has built a reputation on quality and service. They recognize the importance of putting good people in front of a customer and that’s been central to the success of Mozzone Lumber since the business was started by my grandfather 74 years ago.”
“Mozzone Lumber is a strong company, with a history of meeting the needs and expectations of their customers. They are respected in the industry and enjoy close relationships with their customers,” said John Callahan, president of Riverhead Building Supply. “We are excited to be entering into Massachusetts with the leadership of Joe Mozzone, his management team, and the dedicated employees of Mozzone Lumber.”
Upon completion of the transition, Mozzone is expected to remain active in the business. Riverhead will look to maintain Mozzone Lumber employees to continue the customer service their market has come to expect.
The deal is expected to close in the next 60 days upon the completion of due diligence.