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Mead Lumber Purchases Teague Lumber Co.


Mead Lumber Company will be purchasing Teague Lumber Co., Inc. of Kansas City, Missouri. Teague Lumber has served the Kansas City metro area as a full-service lumberyard and building material supplier for residential and light commercial new construction since 2002. The operation has four locations in the Kansas City area: the corporate office, including the millwork operation and a separate lumberyard in Grandview, Missouri, and lumberyards in Liberty, Missouri and Bonner Springs, Kansas.

“All of us here at Teague Lumber are excited to join the Mead Lumber family,” says Don Margritier, president of Teague Lumber. “We’ve had several parties interested in purchasing us, but when it came down to it, the values that Mead Lumber has, their culture and track record in the communities they serve and the fact that it is 100% employee-owned made it the best decision for us.”

The business will continue to operate under the name Teague Lumber Co. The current management team, under the direction of Kansas City market manager Ron Avery, will continue to lead day-to-day operations at Teague Lumber. All of the current employees will remain and become employees of Mead Lumber.

“We are extremely excited to have Teague Lumber join our family,” says Dave Anderson, president and CEO of Mead Lumber. “Teague Lumber not only gives us our first locations in the state of Missouri, but also gives us a great opportunity to expand into the Kansas City market. Teague Lumber is a great fit culturally as a company, and we are looking forward to combining the strengths of our two companies to provide customers a continued superior level of service.”

Mead Lumber is a 100% employee-owned company and has 53 locations in Colorado, Kansas, Iowa, Missouri, Montana, Nebraska, Oklahoma, South Dakota and Wyoming, including five truss and wall panel manufacturing plants and a countertop manufacturing facility.

For more acquisition news click here and here.





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