Woodtone announces the purchase of Synergy Pacific Engineered Timber

February 05, 2016

Chilliwack, BC – Woodtone announces that it has completed the purchase of Synergy Pacific Engineered Timber Ltd., located near Armstrong, BC. Synergy produces premium building products and components, both engineered and solid fibre. Products have been sold under Synergy’s own “Quattro™” brand as well as under Woodtone’s “RealPost™” and RealCorner™” brands. Appearance grade finishing products are a growing and complementary aspect to their engineered finishing products. In addition, Synergy produces engineered products and components for truss and joist manufacturers. “This acquisition locks in the supply of two of our key products – RealPost™ and RealCorner™ – as we continue to grow market share across North America,” says Chris Young, Principal of Woodtone. “We are excited to further grow Synergy’s product offerings and market reach.” In addition, Kevin Young, Principal of Woodtone, notes that “the manufacturing facilities and equipment acquired through this deal provide key capabilities for future product development and growth.” Hal Hanlon (Synergy CEO), “I’m confident this acquisition will increase the value both Woodtone and Synergy delivers to our customers.” Hal and the Synergy team are eager to capitalize on the benefits of combining the strengths of these two complimentary businesses.

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