Shaw/Stewart Lumber Acquires Minnesota’s Kruse Lumber
Shaw/Stewart Lumber Co., based in Minneapolis and a supplier of building materials and millwork solutions to the construction industry, has acquired Kruse Lumber in Rochester, Minnesota.
The acquisition is effective Aug. 31, according to Brian Hodge, president of Kruse Lumber, and Del Krusenstjerna, president of Shaw/Stewart Lumber Co.
Kruse Lumber was founded in 1915 and is the Rochester, Minnesota area’s oldest building supply store.
Kruse Lumber is a second-generation, family-owned company that sells lumber, windows, and specialty building materials to professional builders, remodelers, and commercial contractors.
“As I looked for succession opportunities, it was imperative to find the right fit. Shaw/Stewart is the right fit. They’re a family-owned business like us. They share our values of integrity, hard work and personal service,” Hodge stated.
“They offer my team more opportunities to grow and advance. They offer our customers custom millwork solutions and more. Shaw/Stewart is the right partner to entrust with my life’s work and my team.”
“Kruse Lumber is the leader in their market, and we’re pleased to welcome them to the Shaw/Stewart family,”Krusenstjerna stated.
“They are a premier supplier serving Rochester and surrounding markets. This is a natural fit for Shaw/Stewart as we share the same customer base and values. We look forward to working with them and bringing expanded services and product lines to Kruse Lumber’s current customers.”
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