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12/23/2019

Spahn & Rose expands in Iowa

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Spahn & Rose Lumber Co. is expanding in its home state.

The Dubuque-Iowa-based pro dealer announced that it has reached an agreement to purchase Moeller & Walter, a full-service building design and materials store in Reinbeck, Iowa.

As part of the deal, Spahn & Rose will acquire Moeller & Walter’s real estate and business assets. To streamline operations and maximize efficiency, Spahn & Rose said that it will combine its nearby Grundy Center location into the Moeller & Walter facility.

“This is a great acquisition that increases our presence in the Waterloo/Cedar Falls market,” Spahn & Rose CEO Dave Davis said. “By combining the Grundy Center Spahn & Rose location with Moeller & Walter, we’ll be able to serve our customers better than either location could before.”

The new business will be known as Spahn & Rose Lumber Co. Employees from both locations will be part of the new operation.

Lynn Trask, former majority owner of Moeller & Walter, will become general manager. Ron Petersen, Trask’s partner at Moeller & Walter, will also have a key role in the new business, Spahn & Rose said.

Matt Wilson, general manager of Spahn & Rose in Grundy Center, will serve as assistant general manager/operations and Dan Mohlis of Moeller & Walter will serve as assistant general manager/sales.

Founded in 1904, Spahn & Rose operates 24 locations throughout Iowa, Illinois and Wisconsin. The dealer provides home builders and contractors with high-quality building materials including windows, doors, cabinets, drywall, roofing, decking and lumber.

Moeller & Walter was founded in 1876 and is the oldest privately-owned company in Grundy County, Iowa. It provides a full line of building materials for residential, commercial and farm projects throughout a roughly 60-mile radius around Reinbeck. Lynn Trask purchased the business in 1984; Ron Petersen became a partner in 2001.

The agreement continues Spahn & Rose’s recent growth. In February 2019, Spahn & Rose acquired Dunn Lumber Co., based in Lake Geneva, Wis.