UFP Industries announced on April 6, 2026, that its Deckorators division will acquire the remaining operating assets of MoistureShield, a composite decking brand, for an undisclosed sum.
"The acquisition accelerates our innovation in the outdoor living market," the company stated in a press release, highlighting the strategic fit of the two brands.
The deal's financial details, including the total value and payment structure (cash vs. stock), were not yet disclosed. The timeline for closing and any necessary regulatory approvals are also pending announcement.
This acquisition could significantly strengthen UFP Industries' foothold in the high-growth outdoor living market. By integrating MoistureShield's manufacturing capabilities, UFP is positioned to increase its production capacity and potentially capture a larger share of the composite decking market from competitors like Trex Company, Inc.
The move is seen as a direct effort by UFP Industries to consolidate its brand portfolio under the Deckorators banner, creating a more powerful competitor in the building materials sector. The addition of MoistureShield's respected brand and assets is expected to lead to increased revenue and improved market positioning for UFP Industries (UFPI) in the coming years.
This article is for informational purposes only and does not constitute investment advice.