Spahn & Rose Lumber entered into an agreement to acquire City Lumber Company, marking the Iowa dealer’s entrance into the state of Alabama. Huntsville, Ala.-based City Lumber’s operations include providing lumber, building materials, a hardware store, and truss manufacturing. The financial terms of the deal were not publicly disclosed.
“This longtime, family-owned business has a deep commitment to its community, customers, and employees,” Dave Davis, CEO of Spahn & Rose, said in a prepared statement. “Those values dovetail beautifully with Spahn & Rose. We’re extremely proud to have City Lumber join the Spahn & Rose family.”
City Lumber was founded in 1974 by Dick Strobel. In 2010, Strobel’s daughter and son-in-law Jason Terry purchased the company.
“Our family business has been the center of our lives for the past few decades, and we’d like to thank Spahn & Rose for its commitment to City Lumber, our employees, and our community,” Terry said. “We’re proud of what our family has built and we are excited to see it continue with Spahn & Rose.”
According to Spahn & Rose, City Lumber will retain its current name with its management team remaining on board as well. City Lumber operates throughout north-central Alabama, offering decking, doors, siding, and windows, among other materials.
“City Lumber’s manufacturing capabilities bring another dimension of expertise and excellence to Spahn & Rose,” Davis said.
Dubuque, Iowa-based Spahn & Rose operates 25 locations throughout Iowa, Illinois, Wisconsin, Georgia, and, now, Alabama.