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The Depault and Gonsalves families have agreed to sell Depault’s Ace Hardware in Cumberland, Rhode Island, to the Aubuchon Company. The new store will be rebranded to Aubuchon Ace Hardware.
“For more than 40 years, the Depault and Gonsalves families have built a store rooted in relationships, service, and deep community pride,” says William E. Aubuchon, IV, Aubuchon president & CEO. “We have great respect for what they’ve created and are honored by the trust they’ve placed in us to carry that legacy forward.
Following the acquisition, set to be completed on March 4, the Aubuchon Company will operate 136 stores across 11 states.
“We believe this partnership creates opportunities for the future,” says Morgan Gonsalves. “With Aubuchon’s support, the store and the team are well positioned to continue growing while staying true to the values that have defined Depault’s for decades. We’re excited about what lies ahead and grateful to everyone who has been part of this journey.”
