Kodiak Building Partners has acquired Albeni Falls Building Supply, a leading supplier of lumber and building products in northern Idaho and eastern Washington.
Albeni Falls Building Supply was founded in Oldtown, Idaho in 1948 as Diamond International Lumber to distribute quality lumber to the northern Idaho and eastern Washington communities. In the late 1980s, Harold Ockert purchased the location and renamed it Albeni Falls Building Supply, and later sold the store to David and Susan Melbourn in 1990. Albeni Falls has become a staple of the community and employs over 40 people with over 30,000 square feet of space.
Albeni Falls will continue local operations in the markets they serve along with maintaining their current vendor and customer relationships, and David and Susan Melbourn along with Scott Peacock will continue to lead the company’s operations.
Kodiak Building Partners was founded in 2011 with the intent of focusing on acquiring family-run businesses in the building material sales and distribution industries.
