Through its subsidiary Oak Nation, Charlois is proud to announce the acquisition of 100 percent of Graf Brothers Flooring & Lumber in the United States.
For four generations, the Graf family has been active in Oak processing in the United States. Founded in 2003 by Greg and Dave Graf in South Shore, KY, at the heart of the finest White Oak forests, Graf Brothers is the world’s leading producer of quarter-sawn and rift-sawn American Oak, specializing in the transformation of Quercus alba into high-quality lumber and premium flooring. The South Shore facilities employ 350 people across 14 storage and production facilities, featuring extensive kiln-drying capacity and log yards on nearly 100 acres, supplemented by a 346 acres land reserve. The two sawmills on site, along with the sawing capacities of two exclusive subcontractors and log yards spread across the Appalachians, enable the processing of over 42 million board feet of logs per year into carpentry components, solid and engineered flooring or staves for wine and bourbon barrels, generating an annual revenue of over $100 million.
With this significant acquisition, the largest in its history, Charlois replicates in the United States the vertically integrated model that has made it strong in Europe, where the group is already the largest buyer of Oak in France and Romania.
Dave and Greg Graf will continue to lead and support the activity, benefiting from Charlois’s expertise and support, with many synergies anticipated. Graf’s carpentry and flooring products, highly reputed in the United States, represent a timely diversification for the group. Indeed, in its pursuit of maximizing and optimizing raw materials, Charlois brings together historically complementary activities: forestry, sawmilling, stave milling, cooperage and now flooring.
“Our expertise and ambitions converge: joining the Charlois adventure is an exciting new chapter for all Graf teams. We are happy to embark together on this new phase dedicated to valuing the finest Oaks,” said the Graf brothers.
For more information, visit www.grafbro.com or www.charlois.com.