Builders FirstSource announced a definitive agreement to acquire Alpine Lumber Co., a Colorado-based, 100% employee-owned company with 21 locations across the state — including in Granby — and in northern New Mexico.

The acquisition is anticipated to close in the first quarter of 2025, according to a news release.

Builders FirstSource, headquartered in Texas, says the acquisition will expand the company’s geographic reach in Colorado and New Mexico, in addition to its existing operation of about 580 locations across 43 states.

Announced Dec. 23, 2024, Alpine Chief Executive Officer Hamid Taha said the acquisition will provide a wider range of product categories and superior service to its customers.

“This transaction rewards the long history of dedication by Alpine’s employee owners and positions the combined business to provide a wider range of product categories and superior service to our customers. We are thrilled to join the Builders FirstSource team, and I know we have a bright future together,” Taha said in a statement.

“Alpine has longstanding customer relationships and a proven track record of profitable growth in highly attractive markets,” said Peter Jackson, president and CEO of Builders FirstSource. “I am looking forward to welcoming the Alpine team members to Builders FirstSource.”