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
USDA Forest Service Awards Wood Innovation Grants In 20 States
USDA Forest Service Interim Chief Vicki Christiansen recently announced the award of almost $8 million to expand and accelerate wood products and wood energy markets. The Wood Innovation Grants will stimulate the removal of hazardous fuels from national forests and...
Boise Cascade Acquires Norman Distribution
Boise Cascade Co., Boise, Id., has agreed to purchase Norman Distribution, Inc., a distributor of engineered wood, commodity lumber, and specialty building materials based in Medford, Ore. “Norman Distribution has built an excellent reputation as a strong industry...
Code Officials Vote To Advance Mass Timber Proposals
The International Code Council’s (ICC) Committee Action Hearings in Columbus, Ohio, have concluded with a clear endorsement of building codes that will enable the use of mass timber technologies in buildings ranging up to 18 stories. Though taller mass timber...
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!
