UFP Industries acquires C&L Wood Products, Inc.
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UFP Industries has acquired C&L Wood Products, Inc., a manufacturer of pallets and mulch, through its affiliate UFP Packaging, LLC. C&L will become part of UFP Packaging's PalletOne business unit.
January 06, 2025 | 12:45 pm
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UFP Industries has acquired C&L Wood Products, which will enhance its PalletOne business unit. This acquisition is likely to strengthen UFP's market position in the pallet manufacturing sector.
The acquisition of C&L Wood Products by UFP Industries is a strategic move to enhance its PalletOne business unit. This could lead to increased market share and revenue growth, positively impacting UFPI's stock price in the short term.
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