UFP Industries Expands Packaging Network With Berry Pallets Acquisition
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The latest update is out from UFP Industries ( (UFPI) ).
On April 28, 2026, UFP Industries announced a $20 million deal to acquire the operating assets and real estate of Berry Pallets, a pallet manufacturer in Waseca, Minnesota, with closing expected around May 18, 2026. The transaction adds about $23 million in annual sales, 75 employees and a key upper Midwest facility to UFP Packaging’s PalletOne network, enhancing its ability to serve national and regional customers.
By integrating Berry Pallets into its existing pallet manufacturing network, UFP aims to leverage its scale, procurement advantages and customer relationships while preserving Berry’s local expertise. The acquisition reinforces UFP’s strategy of investing in core wood-based industrial packaging businesses, expanding manufacturing capacity and strengthening its competitive position in the upper Midwest and broader packaging markets.
The most recent analyst rating on (UFPI) stock is a Hold with a $108.00 price target. To see the full list of analyst forecasts on UFP Industries stock, see the UFPI Stock Forecast page.
Spark’s Take on UFPI Stock
According to Spark, TipRanks’ AI Analyst, UFPI is a Outperform.
UFPI scores strongest on financial performance, led by a conservative balance sheet and durable cash generation that help absorb the current earnings/revenue downturn. The earnings call added support via cost-out progress, liquidity, and Deckorators growth initiatives, while technical signals are mixed and valuation is only moderately supportive.
To see Spark’s full report on UFPI stock, click here.
More about UFP Industries
UFP Industries, based in Grand Rapids, Mich., operates in the wood-based industrial packaging and pallet manufacturing industry through its UFP Packaging segment. The company focuses on supplying pallets and related wood packaging solutions to national and regional customers, emphasizing capacity expansion, geographic reach and service to industrial and packaging markets across the U.S.
Average Trading Volume: 371,617
Technical Sentiment Signal: Sell
Current Market Cap: $5.39B
For detailed information about UFPI stock, go to TipRanks’ Stock Analysis page.
