Saroyan Hardwoods (Huntington Park, Calif.) announced that it has acquired key production assets of Azusa, Calif.-based Heppner Hardwoods.
Many of Heppner’s production personnel will join Saroyan following the acquisition, including Heppner COO and VP Brent Heppner and sales representative Mike Irish.
“We couldn’t be more pleased with the combination of these two great teams,” Saroyan President and CEO John Saroyan stated. “We have long admired the work of Heppner, and it is tremendous to be able to incorporate them into our company. This should be wonderful for our integrated customer base and employees.”
Saroyan will relocate the acquired Heppner production equipment to its own facility.
Heppner was founded in 1978 by Barry Heppner, who passed away suddenly in 1991, after which Lorraine Heppner took over the business as president and CEO, later joined by her son, Brent.
“We are pleased that our customers and key employees will have a new home with Saroyan Hardwoods,” she said in a statement. “The Saroyan family has a great reputation in the industry, and they will do a great job taking care of our loyal customers.”
A majority of Saroyan Hardwoods’ customers are outside of California, while a majority of Heppner’s customers are within the state, Saroyan noted.
“It’s a perfect match,” he said.
