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08/03/2021

HDI completes purchase of Novo

A previously announced deal delivers Novo to Hardwoods Distribution Inc. of Canada.
a man standing in front of a building
Novo Building Products is based in Zeeland, Mich.

The sale of Zeeland, Mich.-based Novo Building Products from Blue Wolf Capital Partners to Hardwoods Distribution Inc. was completed on July 31.  Based in Langley, British Columbia, Canada, HDI is one of North America’s largest wholesale distributors of architectural building products to the residential and commercial construction sectors. HDI operates a network of 70 distribution facilities.

“We’re excited about joining the impressive HDI family of distribution,” says Jeff Leys president and COO of Novo Building Products. “This is a time of growth at Novo Building Products and this recent acquisition helps strengthen us in the marketplace.”

The intent for acquisition was originally announced on June 23, 2021 with Blue Wolf.

Novo Building Products is an industry leading manufacturer and distributor of stair parts, mouldings, doors and specialty millwork, along with a variety of board products. Novo Building Products operates Ornamental Decorative Millwork, L.J. Smith Stair Systems, Empire Moulding & Millwork, Southwest Moulding and Millwork and Novo Direct. For more information, visit www.novobp.com.