Highlands Ranch, CO— Kodiak Building Partners, headquartered here, has acquired Ricci Lumber, based in Portsmouth, NH. Founded in 1957, Ricci Lumber serves builders in Maine, New Hampshire and Massachusetts.
Eddie Hayes, president of Ricci, will remain in that position. Along with his wife, Jeanne, Hayes has also chosen to be a part of the ownership group of Kodiak Building Partners.
Ricci Lumber will join the building materials group of Kodiak, under the management of Pat Flood, executive vice president of that division.
In July 2011, Kodiak Building Partners was founded with the idea that the building material sales and distribution industry was mainly comprised of family-run businesses and the knowledge that retaining their cultures and reputations would be the key to Kodiak’s success. Kodiak was designed to become a family of those legacy companies.
For more information, go to www.kodiakbp.com.