Buena Tool joins Hayward Lumber
Consolidation and acquisitions have been an ongoing part of the LBM and home improvement industries for decades.
But in a move you don’t see every day, a pro dealer has acquired a tool retailer.
Hayward Lumber, the Salinas, Calif., pro dealer has acquired the Buena Tool Company in Santa Barbara.
Buena Tool Company sells dozens of major brands of power tools and power equipment, including heavyweights such as Bosch, DeWalt, Honda, Makita, and Milwaukee Tool among others. Founded in 1975, the business is also an authorized repair center for several major brands.
Hayward Lumber, celebrating its 100th Anniversary this year, has also been part of the Santa Barbara community since purchasing County Lumber in 2000. In fact, Hayward and Buena Tool are neighbors on Laguna Street in Santa Barbara.
“We’re excited to have Buena Tool and their employees be part of the Hayward Lumber family. Our company has grown up on the Central Coast and we are proud to be a part of its history,” said Bill Hayward, CEO and chief innovation officer at Hayward Lumber.
Buena Tool has a dedicated staff that takes care of its customers, Hayward Lumber said in a statement announcing the acquisition. The pro dealer also said that customer satisfaction is Hayward’s number one priority.
“My great grandfather understood customer service. He said to treat your customers right and they will always come back,” the CEO said.
Buena Tool and Hayward have planned a grand opening celebration with an open house event for the first part of 2020. The event will include national brand vendors.
Terms of the acquisition were not disclosed.
Hayward Lumber operates seven lumber yards in California along with six design centers, a truss plant and its fast floor systems facility.
But in a move you don’t see every day, a pro dealer has acquired a tool retailer.
Hayward Lumber, the Salinas, Calif., pro dealer has acquired the Buena Tool Company in Santa Barbara.
Buena Tool Company sells dozens of major brands of power tools and power equipment, including heavyweights such as Bosch, DeWalt, Honda, Makita, and Milwaukee Tool among others. Founded in 1975, the business is also an authorized repair center for several major brands.
Hayward Lumber, celebrating its 100th Anniversary this year, has also been part of the Santa Barbara community since purchasing County Lumber in 2000. In fact, Hayward and Buena Tool are neighbors on Laguna Street in Santa Barbara.
“We’re excited to have Buena Tool and their employees be part of the Hayward Lumber family. Our company has grown up on the Central Coast and we are proud to be a part of its history,” said Bill Hayward, CEO and chief innovation officer at Hayward Lumber.Buena Tool has a dedicated staff that takes care of its customers, Hayward Lumber said in a statement announcing the acquisition. The pro dealer also said that customer satisfaction is Hayward’s number one priority.
“My great grandfather understood customer service. He said to treat your customers right and they will always come back,” the CEO said.
Buena Tool and Hayward have planned a grand opening celebration with an open house event for the first part of 2020. The event will include national brand vendors.
Terms of the acquisition were not disclosed.
Hayward Lumber operates seven lumber yards in California along with six design centers, a truss plant and its fast floor systems facility.