Sauder Acquires Key Assets of O’Sullivan Industries
I think every home has a piece of furniture made from one of those particleboard kits in a box. I’ll admit that even though I call myself a woodworker, I had a computer desk like that for many years. But then it started to sag and chip apart, so I trashed it.
The two big manufacturers in furniture kits have been O’Sullivan Industries and Sauder Woodworking. During the last few years, O’Sullivan has apparently had some financial trouble. On Monday, it was announced on crescent-news.com that Sauder will purchase key assets, or parts, of O’Sullivan Industries.
I find it interesting that Kevin Sauder, president and CEO of Sauder Woodworking wasn’t interested in O’Sullivan’s manufacturing facilities. “I was interested in the customer base,” which includes companies such as Lowe’s, Staples, Big Lots and Wal-Mart.
Enough said.