Do it Best Makes Bid to Acquire True Value Assets
FORT WAYNE, IN, October 14, 2024 – 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[...]
October 14, 2024