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UFP Industries acquires Berry Pallets for expansion

PUBLIC · UFPIApr 28, 20263 months ago

Acquiring Company

UFP Industries

Acquired Company

Berry Pallets

Grand RapidsMinnesotaManufacturingBuilding MaterialManufacturingSupply Chain ManagementLogistics

Description

UFP Industries has announced the acquisition of Berry Pallets, Inc. for approximately $20 million. This acquisition is set to enhance UFP Packaging's manufacturing footprint in the upper Midwest and add $23 million in annual sales. The transaction will integrate 75 experienced employees from Berry Pallets, further strengthening UFP's operational capabilities.

Company Information

Company

UFP Industries

Location

Grand Rapids, Michigan, United States

About

Universal Forest Products, Inc. is a holding company that provides capital, management and administrative resources to subsidiaries that design, manufacture and market wood and wood-alternative products. Founded in 1955, the company specializes in various wood products, including those for home centers and construction. Its subsidiaries also provide framing services and outdoor living products.

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Predictive Intelligence
Strategic

ML-powered predictions for UFP Industries's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.