Massachusetts lumber supplier Koopman Lumber has entered into a definitive agreement to acquire Lyon & Billard, a building materials company with locations across Connecticut.
Lyon & Billard will rebrand as “Lyon & Billard, Part of the Koopman Lumber Family,” once the deal is finalized.
Lyon & Billard, which was founded in 1847, has locations in Berlin, Cheshire, Meriden and East Hampton. The company serves customers in Connecticut and parts of Massachusetts, New York, Rhode Island and Vermont.
Koopman plans to provide training for Lyon & Billard employees and renovate several of its new locations.
Upon completion of the deal, Koopman will operate 17 locations across Massachusetts and Connecticut. The company was founded in 1939 and is headquartered in Whitinsville, Massachusetts.
Both companies said they will continue to operate as usual during the transition.
