Hoffman companies acquires besse forest products group
The Hoffmann Family of Companies (HFOC), a Florida-based family-owned private equity firm, has acquired Besse Forest Products Group, the longstanding Michigan-based family-run company with 10 manufacturing facilities, including four sawmills, a lumber drying concentration yard, four veneer mills and a cut-to-size plywood mill.
The transaction adds to HFOC’s vast portfolio, complementing its existing Ferche Millwork operations. With more than 2 million square feet of production facilities and a workforce of more than 1,400 people, the combined strength of Besse and Ferche positions HFOC as a significant player in the wood products manufacturing industry.
Besse Forest Products are located across northern Michigan and Wisconsin. The company was founded in 1966 and has remained 100% family-owned.
“We are excited to partner with Besse as they enter a new chapter under the Hoffmann Family of Companies umbrella,” says Geoff Hoffmann, Co-CEO of HFOC. “With the acquisition of Besse Forest Products Group, we’re not just expanding our footprint but building on a legacy that spans generations.”
Greg Besse, CEO and Owner of Besse Forest Products Group, expressed confidence in the acquisition, stating, “The decision to join forces with the Hoffmann Family of Companies was based on their exceptional brand and reputation as a well-run family business. We believe this partnership will not only modernize our operations but also ensure that our legacy continues to thrive.”
Greg Besse will remain as CEO and his son, Cain Besse, will serve as President.
The Hoffmann Family of Companies (HFOC) encompasses more than 100 national brands, employs 9,000 global employees with businesses in 30 countries and 250 locations. The HF Companies’ verticals include Aviation, Agriculture, Financial Services, Hospitality, Business & Professional Services, Industrial, Manufacturing, Marine, Media & Marketing, Real Estate and Transportation.
Since 1958, Ferche Millwork has provided high quality standard moldings and millwork, while headquartered in Rice, Minn.
Latest News
LP Building Solutions Announces CFO Succession Plan
LP Building Solutions Announces CFO Succession PlanLP Building Solutions (LP) has announced that Executive Vice President and Chief Financial Officer (CFO) Alan Haughie plans to retire and that Aaron Howald has been appointed as his successor, effective September 1,...
Canfor Acquires I-Joist Operation
White Liquor Tank Explosion Kills 11 At Longview Packaging Plant Canfor Corp. has entered into an agreement with PinkWood Ltd. to purchase its I-joist business for $68 million, including working capital. Founded in 2009, PinkWood is the largest I-joist facility in...
Forest Service Moves Forward With Disaster Recovery
Forest Service Moves Forward With Disaster RecoveryThe U.S. Forest Service announced that significant recovery efforts across national forests and grasslands continue to progress following damage caused over three years of natural disasters, including hurricanes,...
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!
