Industry News

INDUSTRY NEWS

INDUSTRY NEWS

Do it Best Taps Ty Sordelet as Vice President of Logistics

December 2, 2024
Sordelet brings over a decade of leadership experience in logistics innovation, supply chain optimization, and operational excellence. Since joining Do it Best in 2022 as a director of warehouse operations, Sordelet has played a pivotal role in driving process improvements, optimizing logistics strategies, and delivering exceptional value to the company’s members.

Quikrete acquires Summit Materials for $11.5B

November 26, 2024
Summit Materials, Inc., a Denver-based producer of aggregates and cement, has entered into a definitive agreement to be acquired by Quikrete Holdings, Inc. (Quikrete) for $52.50 per share in cash, for a total value of approximately $11.5 billion, including debt.

Do it Best Vice President of Information Technology Announces Retirement

November 26, 2024
John first joined Do it Best as the manager of the IT division’s project management office, quickly advancing through leadership roles as divisional manager of application development and director of application portfolio management. In 2018, he was appointed Vice President of Information Technology, bringing more than 30 years of IT leadership and strategic planning experience to the cooperative.

Ace Retail Holdings Names Tony Houk Vice President of Store Operations

November 22, 2024
Ace Retail Holdings — the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware, and other retail hardware brands — recently promoted Tony Houk to vice president of store operations. In his new role, Houk will oversee all store operations across Ace Retail Holdings’ 250+ locations. He will also sit on the company’s Executive Committee.

Do it Best Successfully Completes Purchase of True Value

November 22, 2024
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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Fluidmaster acquires Australia-based Haron International

November 11, 2024
On Nov. 7, Fluidmaster acquired the assets of Haron International Pty Ltd based in Melbourne, Victoria, Australia. Haron was designated the exclusive distributor of the Fluidmaster brand starting in 1989 and throughout the 28 years of partnership introduced Fluidmaster’s innovations, including the 400UK063 toilet cistern fill valve, now affectionately known as the “green box,” to the Australian market.

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