Tag Archives: acquisitions

John, Marcia and Justin Wagner, owners and operators of Germantown Hardware in Germantown, Tennessee, will sell their business and operating assets to Central Network Retail Group (CNRG). Wagner and his family have owned the store, formerly an Ace Hardware store, …

Central Network Retail Group (CNRG), the multiformat, multibrand retailer which operates 109 hardware stores, home centers and lumberyards in 15 states, will purchase H&M Lumber in West Helena, Arkansas. The West Helena store currently offers a full assortment of building …

At the helm of a business spanning three Northern California counties and three generations, Steve Patterson is searching for the perfect balance. As his company honors 65 hard-won years, he shares what it takes to stay at the forefront of …

Westlake Ace Hardware has announced its plan to acquire three Haggerty Ace Hardware locations across New York. Haggerty Ace Hardware currently operates locations in Cooperstown, Delhi and Walton, New York. Westlake Ace expects the deal to be completed by January …

Ace Hardware Corp. has completed the acquisition of Handyman Matters, a home repair, maintenance and improvement services franchise based in Denver, the company confirms in a statement. Ace confirms Handyman Matters will soon become Ace Handyman Services and operate as …

Mergers and acquisitions are powerful forces in home improvement retail. The rate by which they’re completed has risen by 58 percent in the U.S. in the last decade, and in 2017, the total of all such deals amounted to $1.9 …

Welcome to the first issue of High Performance Retailing, a collaboration between the North American Retail Hardware Association and market research firm The Farnsworth Group. Each quarterly installment aims to deliver actionable, relevant data to independent home improvement retailers to …

The Central Network Retail Group (CNRG) will acquire 14 Mac’s Hardware locations throughout the Midwest, it confirms in a press release. Mac’s Hardware employs roughly 200 employees in North Dakota, South Dakota and Minnesota. The business was established in 1965 …