October 14, 2024 - Cutting Edge Products

True Value’s Path Forward

Posted by Contributor
On October 14, 2024
Cutting Edge Products

Today we announced that we have entered into a sale agreement with Do it Best that we are confident will make True Value stronger over the years to come and prove beneficial to our vendor partners.

Do it Best Makes Bid to Acquire True Value Assets

Posted by Contributor
On October 14, 2024
Cutting Edge Products

Do it Best, the nation’s largest member-owned co-op for hardware and lumber products, announces its bid to acquire substantially all assets from True Value, a Chicago-based hardlines wholesalers that filed for Chapter 11 bankruptcy under private equity ownership. The proposed acquisition, supported unanimously by the Do it Best Board of Directors, would mark a significant moment in the history of the independent home improvement industry, if consummated, as it would create a worldwide store network exceeding 8,000 locations in the U.S. and more than 50 countries around the world.