JH Dunning acquires Vermont Custom Cabinetry

NORTH WALPOLE – JH Dunning Company, a manufacturer of quality retail merchandising units and finely crafted wooden cases for precision tools and presentation since 1906 has acquired Vermont Custom Cabinetry, a manufacturer of custom kitchen cabinetry since 1984.

Vermont Custom Cabinetry serves a blend of commercial and residential clients across the northeast as well as the country.

The transaction closed earlier this month and presents synergistic opportunities between the two firms, which serve different markets but share a common commitment to high quality  wood crafted products for their clients tapping the skills of New Hampshire and Vermont workers.

Business Transition Strategies, an M&A firm serving lower mid-market companies and working with private company owners seeking a transition, advised JHD in the transfer. BTS-MA has worked with the Company’s management team since 2015 as they worked to expand markets and grow the Company’s financial health for a stable future.

“We are very excited about the synergies and opportunities this acquisition represents for our company’s future, including the opportunity to increase VCC’s reach to the custom cabinet market throughout the country,” commented JH Dunning President Todd Walker.

Tom Westra, the long-term operator of Vermont Custom Woodworking, shares Walker’s enthusiasm about the transaction. “We are very pleased to have JH Dunning take over the business,” said Westra, who will continue with VCW for a transition period and working with existing customers. “We really believe our heritage of quality kitchen cabinets can be leveraged by the Dunning sales and management team to expand our reach and increase opportunities for workers.”

JH Dunning was initially formed in 1906 and had been largely known for its finely crafted precision tool and presentation cases, cigar boxes and packaging solutions. Today, the company produces customized sustainable display units and special wood boxes largely used in the marketing and display of products at retail outlets. Its units can be found in many retail outlets across the country, featuring everything from potato chips to high end whiskeys.

About Business Transition Services

Business Transition Strategies (BTS) is a New England-focused M&A firm with offices in New Hampshire and Massachusetts that works with owners of private companies who want to sell their companies or are seeking growth through acquisition strategies. The firm has sold manufacturing, distribution, machining, coatings, assisted living, welding and gas supply, business services and other companies in New Hampshire, Massachusetts and New York.

What our clients are saying...

“New Image Coatings, owners of Seal-Once, retained Business Transition Strategies in April of 2015 to locate a strategic buyer for the company. This was successfully completed during April of 2016 when we were acquired by UC Coatings of Buffalo, New York. Working at our side throughout this process were John Howe director, and Ken Schaefer, deputy director, of Business Transition Strategies. From the start of the project, where the information memorandum was developed, to helping us create the management presentation to acquirers, through negotiating the letter of intent and then the definitive agreement, they were there with me and our professional team every step of the way. It took nearly one year to the day to complete the project, but they never lost focus on my best interests and helped me keep my eye on business. This sale was very complex. It included transfer of trade secrets from the product developer, …as well as the transfer of a manufacturing and licensing agreement we had with the core compound producer… John and Ken marketed the company to a range of strategic acquirers, including a number of private equity groups and their platform companies, which ultimately resulted in an agreement with United Coatings… BTS’s level of expertise in the process and close attention to detail enabled us to successfully navigate the deal. I would recommend John Howe and Ken Schaefer to any company owner considering selling.”

- Hank Croteau

New Image Coatings