Brief: UFP Industries Acquires A 50% Stake In Dempsey Wood Products LLC, Providing Additional Industrial Wood Sourcing Capacity To Support Growth

UFP Industries

27/06/2022 22:36

June 27 (Reuters) - Ufp Industries Inc  UFPI.O :
    * UFP INDUSTRIES ACQUIRES A 50 PERCENT STAKE IN DEMPSEY WOOD
PRODUCTS, LLC, PROVIDING ADDITIONAL INDUSTRIAL WOOD SOURCING
CAPACITY TO SUPPORT GROWTH
    * PURCHASE AGREEMENT INCLUDES OPTIONS FOR PALLETONE TO
PURCHASE
REMAINING 50 PERCENT OF DEMPSEY AFTER THREE YEARS
    * PURCHASE AGREEMENT INCLUDES OPTIONS FOR PALLETONE TO
PURCHASE
REMAINING 50 PERCENT OF DEMPSEY AFTER THREE YEARS

Source text for Eikon:  ID:nGNX1yqTcH 
Further company coverage:  UFPI.O 

 ((Reuters.Briefs@thomsonreuters.com;))