BID Group to acquire Smith Sawmill Service

Джерело:
BID/Fordaq
Погляди:
366
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BID Group has entered into an agreement to acquire Smith Sawmill Service. The transaction brings together two customer-focused organizations and further expands BID’s industry-leading operational life cycle product and service offerings to include the essential recurring saw and tooling capabilities required to support modern wood processing operations. The transaction is expected to close in 3Q 2022 and is subject to customary closing conditions.

Smith Sawmill Service is one of the largest suppliers and service providers of saws, cutting tools, filing room equipment, and critical consumable products to the wood processing industry. Smith serves the North American market with both proprietary cutting technologies and industry-leading brands. With locations in Texas, Louisiana and North Carolina, Smith is a recognized service leader, equipped to meet the growing customer demand for personalized saw and knife repair and reconditioning solutions.

BID Group is the North American leader in sawmill equipment manufacturing, automation, installation, and life cycle service.

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