Hawaii building materials company sold
This story has been corrected. See below. |
Honsador Lumber and affiliated companies under Honsador Holding LLC have been sold to Colorado-based Grey Mountain Partners.
The private equity firm bought the Hawaii companies from Ohio-based Cyprium Investment Partners LLC for undisclosed terms.
The transaction includes Honsador Lumber, established in 1935, Honolulu Wood Treating, as well as Alpha Electric Supply.
Honsador was established as Honolulu Sash and Door company, which did millwork. The company now has 15 locations in Hawaii and Portland, Ore.
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CORRECTIONHonsador Holding LLC has 15 locations in Hawaii and Portland, Ore. Its companies include Honsador Lumber, Alpha Electrical Supply Co., Honolulu Wood Treating, HWT Inc. and Honsador Truss. A Page B6 business brief Saturday reported Honsador had seven locations in the islands and gave an inaccurate list of companies. |