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Welcome to Panel Talk, an information hub to help you learn the important steps in buying and using hardwood plywood and decorative wood panels. Discover trending wood species, how to purchase the right panel products, innovative projects from your peers, and more. You’ll find educational videos, blogs, and podcasts to help your business succeed. Sponsored by Timber Products Company, a U.S. manufacturer of hardwood plywood and decorative panels. 800-547-9520.

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Cabinets

1847 executes Letter of Intent to sell 1847 Cabinets Inc. for $27.6 million

NEW YORK — 1847 Holdings LLC, a holding company, announced the execution of a non-binding Letter of Intent with a prospective strategic buyer to sell all assets of 1847 Cabinets Inc.Under the terms of the LOI, the buyer has proposed an enterprise value of $27.6 million for the acquisition of all assets of 1847 Cabinets Inc. The amount, the company said in a statement, represents a 5.91x multiple of 2023 EBITDA of approximately $4.7 million.
By Larry Adams, April 24, 2024 | 8:51 am CDT
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