Kodiak acquires Forest Tek Lumber and Overseas Lumber Company

Kodiak Building Partners has acquired substantially all assets of Forest Tek/Overseas Lumber, reports LBM Journal.

Forest Tek/Overseas was founded in 1982 by Allen Wood and Bruce McClenithan of the Florida Keys. Allen and Bruce will continue to run Forest Tek/Overseas, as it joins the LBM division at Kodiak Building Partners under the leadership of Mike and Pat Flood, Co-Presidents of the building materials group.

“Kodiak Building Partners was our first choice. We appreciate their business model that allows us to continue running our businesses in an autonomous manner, while enjoying the synergies and benefits that a company of their breadth allows,” owner Allen Wood said.