FORT WAYNE, Ind. — Do it Best, U.S.-based hardware, lumber, and home improvement brand, has acquired True Value, a long-time competitor. This transaction represents a transformative milestone for Do ...
Do it Best closed its $153 million acquisition of bankrupt competitor True Value on Friday, creating the world’s largest hardware cooperative, officials said. The deal includes True Value’s inventory, ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Less than six weeks after Chicago-based True Value filed ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Steve Grzanich has the business news of the ...
WESTLAKE, Ohio -- True Value Hardware is closing its Westlake facility and preparing to layoff dozens of employees, months after it was bought by hardware wholesale competitor Do It Best Corporation.
Do it Best and True Value reported consolidated revenues of $4.7 billion for fiscal year 2025, an increase of $281.3 million, or 6.1%, from the previous year. Net income for the hardware, lumber, and ...
FORT WAYNE, Ind. (WANE) — With no ribbon cutting or public fanfare, a $1.5 billion hardware wholesaler has effectively moved its headquarters from Chicago to Fort Wayne, as Do it Best announced its ...