The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
Read More »Tag Archives: acquisition
HPM Building Supply Acquires Truss Systems Hawaii
HPM Building Supply has acquired Maui’s leading building component manufacturer, Truss Systems Hawaii, creating a new division known as Truss Systems by HPM that will serve the Valley Isle. All 33 Truss Systems Hawaii team members have become HPM owner-employees, …
Read More »R.P. Lumber Expands in Missouri
R.P. Lumber announced it is acquiring Thorne Lumber Company, an independently-owned hardware and building materials retailer with three locations in northwestern Missouri. With this acquisition, R.P. Lumber will have 87 locations, including 20 in Missouri. “Strategically, this is the right …
Read More »Marshalltown Hammer Acquires Assets of Vaughan & Bushnell Manufacturing Co.
MARSHALLTOWN HAMMER, a wholly owned subsidiary of MARSHALLTOWN, announced the purchase of all Vaughan & Bushnell Manufacturing Co. assets. “I am thrilled that MARSHALLTOWN HAMMER has successfully acquired the assets of Vaughan Manufacturing—it hasn’t been an easy process and their …
Read More »Westlake Ace Hardware Expands Into Maryland, Acquires Clarks Ace Hardware
Westlake Ace Hardware announced today that it has entered into an agreement to acquire Clarks Ace Hardware, a 179-year-old hardware retailer with locations in Ellicott City and Columbia, Maryland. The Clarks Ace stores will be rebranded as Westlake Ace but …
Read More »Do it Best, United Merger Approved by Shareholders
On April 5, United Hardware shareholders overwhelmingly voted in favor of the previously announced merger with Do it Best. According to the co-ops, the merger will enhance efficiency, add buying power and drive store growth for previous United Hardware dealers …
Read More »Aubuchon Company Acquiring 7-Store Chain in Vermont
Rick Bibens has agreed to sell Bibens Ace Hardware, with seven locations in Vermont in to the Aubuchon Company, the oldest and largest group of family-owned hardware stores in America. The stores will continue to operate as Bibens Ace Hardware, …
Read More »R.P. Lumber Strengthens Presence in Iowa
R.P. Lumber Co. Inc. continues to grow with the pending acquisition of Schrock Lumber Co., a 60-year-old family-owned hardware, lumber and building materials retailer located in Mediapolis, Iowa. The transaction will close on Friday, March 1st. Terms of the deal …
Read More »