Hammond Lumber Company to Acquire Ware-Butler Building Supply

Expanding to 34 Locations Across Maine and New Hampshire

Hammond Lumber Company (Hammond) is proud to announce its plans to acquire Ware-Butler Building Supply (Ware-Butler). The acquisition will expand Hammond’s retail footprint from 22 to 34 locations throughout Maine and New Hampshire, further strengthening its ability to serve communities across the region. The acquisition will officially close on July 31, 2025.

The transaction includes 15 Ware-Butler retail locations in Maine: Corinth, Dixfield, Dover-Foxcroft, Gorham, Greenville, Kingfield, Livermore Falls, Madison (Rt 201), Madison (Main Street), Mexico, Orrington, Palmyra, Stillwater (Old Town), Waterville, and West Enfield. Hammond Lumber Company will consolidate the Dixfield, Greenville, and Orrington locations into nearby Hammond branches to optimize resources and better serve local customers. All Ware-Butler employees will be offered continued employment and welcomed into Hammond Lumber Company’s operations, including relocation to nearby branches where applicable, as part of a smooth integration process.

Also included in the acquisition are Ware-Butler’s wall panel manufacturing facility in Stillwater and two metal roofing production lines under the Peak Metals brand, located in Stillwater and Palmyra. These assets will expand Hammond’s in-house manufacturing capabilities, particularly for framing packages and custom roofing systems, aligning with customer demand for high-quality, prefabricated building components.

With this acquisition, Hammond solidifies its position as one of the largest independent building material retailers in the Northeast. The company will employ over 1,200 people across Maine and New Hampshire and is projected to generate more than $550 million in annual sales.

“This is a meaningful opportunity to continue a legacy shaped by trust and long-standing relationships,” said Mike Hammond, President and CEO of Hammond Lumber Company. “In the months ahead, we’ll be focused on listening, learning, and supporting the people and communities who have built these businesses.”

“We have a deep respect for Hammond Lumber Company and the values they stand for,” said Jason and Chris Brochu, Co-Presidents of Pleasant River Lumber. “This was a thoughtful and deliberate decision, and we’re confident that Hammond is the right long-term steward for the Ware-Butler team, its customers, and the communities they serve. We look forward to seeing the continued success of the company under their leadership.”

Ware-Butler Building Supply was founded in 1925 and acquired by Pleasant River Lumber in 2020. Ware-Butler grew rapidly under Pleasant River Lumber’s ownership through acquisitions including Crescent Lumber, Phinney Lumber, Jordan Lumber, Campbell’s Building Supply, Puiia Building Supply, Twin Rivers Building Supply, Webber Hardware, Morrell’s Hardware, and Thompson’s Hardware.

Pleasant River Lumber will continue to operate its two spruce sawmills in Dover-Foxcroft and Enfield. The sale does not include Pleasant River Lumber’s two sawmills, AA Brochu Inc., Moosehead Cedar Log Homes, and the Woodsmith’s Cabinetry manufacturing facility—all of which will continue to be operated independently by Pleasant River Lumber.

Anchor Peabody Advisory Services represented Hammond Lumber Company as the buy-side advisor. Cafa Corporate Finance represented Ware-Butler Building Supply as the sell-side advisor in the transaction.

About Hammond Lumber Company

Hammond Lumber Company was founded in 1953 by Skip and Verna Hammond with a single sawmill in Belgrade, Maine. Today, the fourth-generation, family-owned company is one of the largest independent lumber and building material retailers in the northeast. Hammond Lumber Company carries a full line of building materials, millwork, kitchen, bath and flooring products, and is a quality manufacturer of eastern white pine. Hammond has multiple Kitchen, Bath & Flooring Design Centers and showrooms, Home Planning Design Centers, and millwork showrooms across the State. Hammond is the 13th largest pro dealer and lumberyard in the nation by 2024 sales, according to the LBM Journal 100, and the second largest family-owned business in Maine, according to Mainebiz. The building material supply company has received numerous awards, including 2020 ProSales Dealer of the Year, Best Places to Work in Maine in 2021, 2022, 2023, and 2024, Best Company to Work For in New Hampshire in 2023 and 2024, National Safety Council’s 2024

Contact:

Sadie Hammond – Director of Organizational Development – shammond@hammondlumber.com – (207) 495-1122

Source: Hammond Lumber Company