Stella-Jones Completes Acquisition of Brooks Manufacturing Co.

Executive Summary

• Stella‑Jones Inc. completed its previously announced acquisition of Brooks Manufacturing Co.’s treated‑wood distribution crossarm and transmission framing component business for an approximate purchase price of US $140 million (subject to working‑capital adjustments).
• Brooks generated roughly US $84 million in consolidated sales for the fiscal year ended 31 Dec 2024, adding a significant revenue stream and expanding Stella‑Jones’ product offering to utilities.
• The transaction strengthens Stella‑Jones’ position as a preferred partner for North American utility infrastructure projects and aligns with its growth ambitions.

Key Details

• Purchase Price: Approximately US $140 million, adjusted for working capital at closing.
• Target Business: Brooks Manufacturing Co., manufacturer of treated‑wood distribution crossarms and transmission framing components located in Bellingham, Washington.
• Historical Sales: Brooks reported consolidated sales of approximately US $84 million for the year ended 31 Dec 2024.
• Strategic Rationale: Enhances Stella‑Jones’ product portfolio for utility customers, expands geographic footprint in the United States, and supports its ambition to be a partner of choice for infrastructure across North America.
• Closing Statement: “We are pleased to officially welcome the Brooks team to Stella‑Jones,” said Eric Vachon, President and CEO.

Notable Quotes

“This acquisition further strengthens our position as a partner of choice to utilities and aligns with our ambitions to support strong infrastructure across North America.” – Eric Vachon, President & Chief Executive Officer, Stella‑Jones Inc.