Island’s Lumberworld changes hand to Home Hardware-affiliated group

After more than half a century in the community, ownership of Saanich’s Lumberworld is changing hands.
Announced June 1, the lumber yard and hardware store, located on Quadra Street, is being acquired by investment firm Regimen Capital and Comox Valley’s Central Builders, which operates under the Home Hardware umbrella.
Lumberworld’s managing director Jarrett Flaig, told Saanich News that the decision behind the sale “was the best option for the staff and the shareholders