Besse Forest Products Group has been acquired by The Hoffmann Family of Companies
Detroit, MI – CFI USA (PMCF Investment Banking) is pleased to announce that it served as the exclusive investment banker to Besse Forest Products Group in its sale to Hoffmann Family of Companies (HFOC), complementing its existing Ferche Millwork operations.
Established in 1966 and headquartered in Escanaba, MI, Besse is one of the largest privately-owned producers of hardwood veneer, lumber, and specialty plywood. The Company supplies products crucial for manufacturing cabinets, doors, flooring, furniture, industrial pallets, millwork, musical instruments, railroad ties, sporting goods, wall panels, windows and other wood products used worldwide.
HFOC is a multi-vertical family-owned company consisting of over 100 national brands with 9,000 global employees and businesses located in 30 countries around the world. HFOC’s verticals include aviation, agriculture, financial services, hospitality, business & professional services, industrial, manufacturing, marine, media & marketing, real estate and transportation.
The transaction closed in March 2024.
Related
Industrials
has been acquired by
Transaction details
Besse Forest Products Group has been acquired by The Hoffmann Family of Companies
This transaction was advised by:
Our latest transactions
Business Services
has acquired an 80% stake in
Transaction details
Shizuoka Financial Group has acquired an 80% stake in Tokyo Gas, Japan's largest natural gas utility
Software & IT Services
has been acquired by
Transaction details
Finnish specialist in digital customer interaction Arena Interactive has been acquired by Keskisuomalainen Oyj
