Eugen Lägler GmbH to Acquire Palo Duro Hardwoods

Denver, CO, June 17, 2015— Eugen Lägler GmbH, headquartered in Frauenzimmern, Germany, has reached an agreement to acquire Palo Duro Hardwoods, located in Denver, Colorado, effective immediately.

The two companies have shared a close business relationship for more than two decades with Palo Duro acting as the North American importer and sales agent for Lägler since 1995.

Details of the acquisition will remain confidential.  Employees of both companies were informed about the acquisition prior to the announcement.