Palmer-Donavin has acquired Diamond Hill Plywood, a wholesale distributor of building materials.
About DHP
The company has five distribution centers in Virginia, Tennessee, and the Carolinas, serving customers throughout the Southeast. Headquartered in Darlington, South Carolina, DHP was founded in 1945 by the Ramsey family. The team of 110 employees has been managed by John and Jim Ramsey and their management team. Employees who work at Diamond Hill Plywood will now be part of the Palmer-Donavin Employee Stock Ownership Plan. DHP locations will continue to operate under the Diamond Hill Plywood name, ensuring continuity for local customers.
What the companies say
“We are pleased to be able to come together as two leading distributors in our industry,” says Robyn Pollina, CEO, Palmer-Donavin. “Diamond Hill Plywood and Palmer-Donavin are better together. We can grow more effectively together than as two separate companies. This year, we plan to learn from one another and will work together with the goal of continuing our mission to deliver more to our dealers, partners, and employees.”
“When we look at our opportunities with DHP, we are excited about the new geographical reach and diverse product offering," says Matt Butzier, COO, Palmer-Donavin. "Our shared customers and vendors will benefit from the combined product portfolio and a wider breadth of offerings. We look forward to the exciting opportunities ahead as our two organizations come together.”
“DHP is proud to have partnered with Palmer-Donavin, a company that will allow us to grow, keep our employees, and continue operating from our five locations. The partnership will be seamless as we have the same traditions, values, and hard-working culture. We are very excited to be working together,” says Jim Ponzurick, vice president of sales, Diamond Hill Plywood.
