Industrial Opportunity Partners has acquired Coldwater Veneer Inc. from management for undisclosed terms, following up recent deal activity in the building products sector.

Coldwater manufactures hardwood veneer for building products and furniture. Veneer is thin decorative wood that is usually applied to larger wood products such as cabinets, doors and furniture. The target has facilities in West Point, Virginia, Jefferson, Indiana and Coldwater, Michigan, where it is based.

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