MANS Lumber & Home announced the acquisition of custom roof truss manufacturer Michigan Timber & Truss. The acquisition better positions MANS Lumber’s capabilities and allows the company to serve its growing customer base in the construction and building sectors. “By integrating …
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Do it Best announces the successful acquisition of True Value, a long-time competitor with a legacy brand that benefits both organizations. This monumental transaction represents a transformative milestone for Do it Best, True Value and the entire independent hardware industry. …
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Hartville Hardware & Lumber recently announced its acquisition of lumber supplier, Coshocton Lumber Company. Hartville Hardware president Scott Sommers says he hopes the acquisition will drive future growth in the store’s lumber category. Coshocton Lumber will continue to operate under …
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After a December settlement, The Aubuchon Company will acquire Anco Ace Hardware in Villas, New Jersey. Owners Liz and Jan Rupinski says they will keep the Anco Ace Hardware name on their storefront. “Running Anco Ace has been more than …
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True Value Company and its secured lenders, led by PNC, today reached a major milestone agreement to avoid the liquidation of the 75-year-old Chicago-based distributor in a move that will push the sale to Do it Best forward for now. The …
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R.P. Lumber Co. Inc. plans to acquire Guyot Lumber & Hardware, an independently owned retailer of hardware, lumber and building materials in Perryville, Missouri. The transaction, scheduled to close on Nov.1 marks R.P. Lumber’s eighth acquisition this year and its …
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In a transcript obtained by Hardware Retailing from an emergency discovery conference held on October 23, the judge overseeing True Value’s Chapter 11 bankruptcy filing openly stated her concerns about whether True Value has been providing “adequate protection to the …
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It’s been a busy week for acquisitions for LBM retailers. Carter Lumber announced the acquisition of Townsend Building Supply, a building materials dealer with six locations in southern Alabama and the Florida Panhandle. This acquisition continues Carter Lumber’s plans for …
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