Spell Capital Partners, a private investment firm, has acquired MacDonald & Owen, a leading manufacturer and supplier of high-quality hardwood lumber and specialty wood products based in West Salem, Wisconsin. The acquisition was made in partnership with the existing management team, who will continue to lead the business and maintain a significant ownership stake.

WHY IT MATTERS
The acquisition of MacDonald & Owen, a company with over 50 years of history and a strong reputation in the hardwood lumber industry, reflects Spell Capital's strategy of partnering with well-established businesses and their management teams to support long-term growth while preserving the company's culture and customer relationships.

THE DETAILS
MacDonald & Owen produces around 40 million board feet of hardwood lumber annually from four different locations in Wisconsin and Pennsylvania, serving a diverse customer base around the world. The company offers a range of services, including custom length/width/color sorts, gang ripping, S4S, mixed truckload shipments, and a full-service wood components facility offering drawer sides, face frame profiles, glued panels, cabinet parts, chopped to length parts, other millwork services, and UV finishing. MacDonald & Owen is also FSC certified.

Source: nationaltoday.com