Lapointe Lumber Being Acquired By Hancock Lumber
Lapointe Lumber, is a fourth generation family business, in operation since 1947. They have locations in both Gardiner and Augusta.
According to a press release, Lapointe Lumber has agreed to be acquired by Hancock Lumber.
In the press release, Hancock Lumber CEO, Kevin Hancock said:
"Hancock Lumber is excited to be uniting with the employees, customers, suppliers, and communities served by Lapointe Lumber. Lapointe has a long-standing family-business legacy of integrity and quality. The company represents the essence of what’s best about doing business in Maine. We’re honored to help shape and support the future of that already strong tradition.”
Hancock Lumber was established in 1848, and is currently a seventh generation family business. By adding Lapointe Lumber to the Hancock Lumber brand, it will allow growth for Hancock Lumber in both the Gardiner and Augusta markets.
Lapointe Lumber's President, Peggy Lord said:
“When our family decided our next move would be to sell, it was imperative we sought out and selected the right partner to help bring Lapointe into the next generation. Thankfully our first choice was interested in learning more. Simply put, Lapointe Lumber is a great fit for Hancock Lumber and likewise, Hancock Lumber is a great fit for Lapointe.”
It's nice to see two Maine based family businesses come together to better serve the community as a whole. For seven years straight, Hancock Lumber has been awarded "Best Places To Work in Maine"
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