ProBuild acquires Colorado's Harbert Lumber Co.
Denver-based ProBuild Holdings acquired the assets of Harbert Lumber Co., a building materials supplier based in Colorado, with locations in Grand Junction, Glenwood Springs, Aspen and Steamboat Springs.
Terms of the sale agreement were not disclosed.
ProBuild is the largest pro dealer in the country and operates 450 locations nationwide and 10 retail locations in Colorado. The company said the move comes at a time when residential and commercial construction are showing signs of returning to the region.
“The addition of Harbert Lumber will enable ProBuild to service the growing needs of our customers in Colorado, particularly in the mountain towns where we have not had a robust presence until now,” said Bill Myrick, president and CEO of ProBuild. “Within each market, ProBuild will combine local market expertise with the strength and scale of a national industry leader to continue delivering on the needs of our customers and partners.”
Harbert Lumber currently operates four locations in Colorado and employs 45 employees statewide.
“We’re very excited to join the ProBuild family,” said Gordon Harbert, owner of Harbert Lumber Co. “Their resources ensure the business we’ve built will maintain our leadership position in all the western Colorado markets we serve. We look forward to the added opportunities this merger will provide to our employees as well.”