Bob Seminack and Micky Flood, founders and operators of Delray Plus True Value in New Hope, Pennsylvania—along with Bob’s son-in-law Dan McLaughlin and Micky’s son Chad Flood, who together own and operate three additional nearby True Value stores in Doylestown, Richboro and Blue Bell—have agreed to sell their businesses to W.E. Aubuchon Co., Inc. (WEA), the oldest and largest family-owned hardware store chain in America.
Following the closing at the end of the year, the Aubuchon Company will operate 107 stores in eight states.
“The most important thing you’ll find at the Delray Plus family of stores is a passion for delivering service and building relationships,” says William E. Aubuhon, IV, president & CEO. “Bob, Micky, Dan and Chad all care deeply about their customers and staff, and we promise to do the same.”
“Our family is excited to be partnering with the Aubuchon’s. We both know what it takes to serve customers and operate first-rate local hardware stores. I am confident WEA will maintain and grow what we’ve built for years to come,” says Seminack.
Flood commented that it was bittersweet to be selling after more than 40 years in the retail business.
“Once we decided it was time to make this change, we needed to find the right partner. The Aubuchon Company is not a short-term holding company. Family-owned and operated since 1908, their strength, commitment to people and long-term plans really stood out,” says McLaughlin.
“We’re excited to combine our rich history with WEA, ensuring a bright future for our skilled team and our many loyal customers,” says Flood.
“We are thrilled and honored that Bob, Micky, Dan and Chad are handing us the baton,” says Aubuchon. “It’s obvious why they have a fantastic reputation in Pennsylvania’s Bucks and Montgomery counties — their team is exceptional! As a family company, we work hard, take care of each other and have fun. We’ll soon be officially welcoming everyone to the Aubuchon family and I can’t wait!”
Delray Plus True Value has been in operation since 1999, serving communities in Pennsylvania, including New Hope, Solebury, Lambertville, Buckingham, Carversville and beyond.
Aubuchon Company was founded in 1908, and is now in its fourth generation. In addition to the Aubuchon Hardware brand, it operates Lyndonville Hardware & Lumber in Lydonville, Vermont; Village Hardware in Alexandria, Virginia; and True Value in Bucks and Montgomery counties, Pennsylvania. President and CEO William E. Aubuchon, IV was a 2020 NHPA Top Gun honoree.