Surya announced that it has completed the acquisition of RST Brands, a leading omnichannel outdoor furniture company based in Salt Lake City, Utah. The strategic purchase will enable Surya to immediately gain market share and strengthen its capabilities in the rapidly growing outdoor furnishings segment.
"We are thrilled to bring the RST Brands team and business into the Surya family, and look forward to the future growth opportunities we will pursue together,” said Surya President Satya Tiwari. He added: “This acquisition provides us with a well-established platform to serve our customers’ diverse needs in the outdoor segment. Combining the strengths of both companies will enable us to accelerate our mission to become the most comprehensive resource for home furnishings for every lifestyle.”
Over the past decade, Surya has consistently expanded its product portfolio and continues to make substantial investments to deliver unparalleled variety, quality, and innovation to its customers. Now, the company will enhance its existing assortment of outdoor rugs, textiles and accents with design-forward outdoor furniture at all price points. RST Brands’ signature Colorway Collections line, with its patented cushion system, frame configurations and Sunbrella fabric options, is just one example of the increased flexibility and customization that will be available to Surya customers.
The purchase of RST Brands marks the second strategic acquisition for Surya in the last six months, demonstrating the company’s long-term commitment to providing customers with a robust range of home furnishings that resonate with a wide variety of lifestyles.