Cahaba Veneer Acquired by Manthei Wood Products | Manufacturing M&A Deal

Manthei Wood Products has acquired Cahaba Veneer, a food beverage manufacturing business in Alabama, for $10 million. Cahaba Veneer produces hardwood veneer used in engineered flooring, custom plywood, and specialty applications, with operations based in Centreville, AL. Manthei Wood Products acquisitions expand its hardwood veneer supply chain and support niche veneer demand from engineered flooring and custom plywood customers in Alabama. The Cahaba Veneer acquisition is an add on acquisition under manufacturing M&A, with Manthei acting as a strategic buyer and targeting manufacturing deals AL. The announced transaction includes retention of 67 jobs, creation of 37 new jobs, and up to $10 million in capital investment at the Centreville facility, with the deal status listed as announced.