Alexandria Moulding Acquires Royal Woodworking Co. Ltd.April 2nd, 2012 | Category: Industry News
Alexandria Moulding, based in Alexandria, Ontario, announced it has acquired Royal Woodworking Co. Ltd. of Bradford Ontario, founded by the Rowe and Gerrits families and specializing in the manufacturing of hardwood solid and custom mouldings, boards and stair components.
“This partnership solidifies our hardwood supply and product offering,” says Andre Cholette, president of Alexandria Moulding. “Royal has a strong, specialized team and is a cultural fit. We will leverage each other’s strengths to further enhance the value we bring to our customers”.
According to the announcement, Royal Woodworking will operate as a standalone business unit providing customers with a large selection of quality millwork products as well as leveraging Alexandria’s logistics and sales network to grow geographical coverage, while providing unparalleled support and service. Donna Gerrits, Rick Gerrits and Tom Hayes will join the Alexandria management team and support the integration and combined businesses over the long term.
One of the founding owners of Royal Woodworking Frank Gerrits announced his intention to retire as planned.
“We have been business partners with Alexandria Moulding for over a decade. Through our discussions with Alexandria Moulding, we believe [its] values and approach to business matches ours,” says Donna Gerrits, general manager of Royal Woodworking. “Our hardwood and custom moulding capabilities is a natural extension of Alexandria’s existing business. We see significant growth potential and opportunities for our combined business and people.”
The announcement notes that the integration of both companies will take place over the upcoming months and Royal’s customers will continue to receive the same high quality of products and service which they have come to expect. Current supplier relationships will not be affected by this transaction.
In addition, Aurora Timberland, an Ontario-based wholesale lumber distributer, is also part of the acquisition. Timberland will continue to operate as a standalone business with the founder Ted Rowe staying on board.
“It will be business as usual for us as we continue to supply the market with quality hardwood lumber in lifts or truck load quantities,” says Rowe.
Likewise, the Royal Wood Shop, a retail outlet owned by Frank Gerrits, is not a party to this transaction. Royal Woodshop will continue to operate independently out of Aurora, Ontario.