Superior Cabinets, one of Western Canada’s leading kitchen cabinet manufacturers based in Saskatoon, Saskatchewan has been sold to the Buller family of Winnipeg, Manitoba.
Founded in 1980 by Charles and Linda Larre, Superior Cabinets is a leading manufacturer and supplier of kitchen cabinets. The company 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, 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. 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 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 continue business as usual.
Expansion plans into new markets in Canada and the United States will be the top priority for Superior for the next few years.