Campbellsport-based
Drexel Building Supply, a wholesale building materials supplier, announced this week its intent to acquire
McMahon and Company, a Jackson-based supplier of doors and millwork. Terms of the deal, which is scheduled to close Dec. 31, were not disclosed.
McMahon and Company, founded in 1996, is a family-owned business that employs approximately 50 people. Drexel will integrate the McMahon and Company business into its eastern, central and north central Wisconsin locations to focus on efficiency and quality.
Drexel has eight Wisconsin locations. In 2020, the company
acquired a 92-acre site in New Berlin to construct a seven-building, 128,000-square-foot facility. Drexel relocated its Brookfield operations to New Berlin.
โAcquiring McMahon means we are doing everything we can to work with the best to get better. Innovation is vital in everything we do, but even more so now as we grow,โ said a press release from Drexel. โOur builders need moreโฆ more communication, more time, and more supplies. With the growth, we can drive the price down, quality control, and implement direct route deliveries.
McMahon Companyโs leadership team -- including
Patrick McMahon, Sean McMahon and
Kim Mather โ will stay on with the company.
โAll team members of McMahon will be offered careers at Drexel Building Supply as assets to the significant growth plans,โ according to the release.
Drexelโs plans for growth include opening a new facility that will double the companyโs capacity and employ 100 people. The company has not yet determined the location for the new facility, citing โa myriad of opportunities,โ but hopes it can be operational at some point in 2024. The new facility will be called Drexel Doors & Millwork.