SASKATOON, SK, July 13, 2018 /CNW/ - Superior Cabinets, one of Western Canada's leading kitchen cabinet manufacturers based in Saskatoon, Saskatchewan, Canada, announced today that a successful purchase agreement has been made to sell the company.
Founded in 1980 by Charles and Linda Larre, Superior Cabinets has grown to become one of Western Canada's leading manufacturers and suppliers of kitchen cabinets. Superior sells through their retail stores in Saskatoon, Regina, Calgary and Edmonton, as well as through a network of 75 dealers, leveraging their cabinet manufacturing facility based in Saskatoon, Saskatchewan, Canada.
In 2012 Superior Cabinets began a major business transformation led by the current President & CEO, Scott Hodson, who was appointed by majority shareholder, Linda Larre. "We have been working on this transition of ownership for some time once Linda expressed her intent to retire from the business and sell the company," said Scott Hodson. "Our main focus in finding the right partner to purchase the company was to ensure our growth and expansion goals could be achieved. We believe we have found a great partner."
The new owners, The Buller family of Winnipeg, Manitoba have a long history and transformative track record in the kitchen cabinet industry. In 2003 Mark Buller, together with his family and senior management, acquired Norcraft Cabinets from the then existing unitholders. They took Norcraft Companies Inc. (NYSE: NCFT) public in 2013, built it up into a $376 million dollar company and sold it to Fortune Brands Home & Security Inc. (NYSE: FBHS) in 2015, owners of MasterBrand Cabinets. The Buller family has a long legacy in the kitchen cabinet industry, as Mark's father, Herb Buller and several partners founded Kitchen Craft in 1971 which was acquired by Fortune Brands Home & Security Inc. in 2002.
"We are very pleased to reach this agreement and are impressed with what Superior Cabinets has achieved over the years," said Mark Buller, Executive Chairman of Superior Cabinets. "The time was right for Superior Cabinets to bring on new ownership with a strong track record that can help grow the company at a faster pace through expansion into new markets. We look forward to working with the entire team at Superior Cabinets and getting back into the cabinet industry."
Superior Cabinets will remain business as usual, focusing on providing the best-in-industry customer experience, outstanding design solutions and the finest product portfolio. Expansion plans into new markets in Canada and the United States will be the top priority for Superior for the next few years.
About Superior Cabinets
Superior Cabinets in operation since 1980, is one of Western Canada's leading manufacturers and suppliers of frameless kitchens with a long-held and well-earned reputation for fine quality products, outstanding customer service and dedication to employee success. Superior sells through their retail stores in Saskatoon, Regina, Calgary and Edmonton, as well as a network of 75 dealers with significant room to grow leveraging their cabinet production facility based in Saskatoon, Saskatchewan, Canada. For more information visit www.superiorcabinets.ca
SOURCE Superior Cabinets
For further information: Shahan Fancy, Superior Cabinets, Tel: (306)-667-6655, email@example.com