Jul 18 2016

Ace Hardware of Raleigh Purchase Finalized

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The purchase of Ace Hardware of Raleigh by Westlake Ace Hardware is final, as of Monday, July 18. The new ownership group ensures a seamless transition.

 

KANSAS CITY, Mo. July 18, 2016- Westlake Ace Hardware announced today it has finalized its acquisition of the two-store Ace Hardware of Raleigh chain. Westlake will take possession of two locations: North Ridge Shopping Center (6196 Falls of Neuse Road) and Falls River Shopping Center (10930 Raven Ridge Road).

According to Westlake management and Ace Hardware of Raleigh owners Howie and Brug Jung, store operations and personnel will not be affected by the purchase, and customers are ensured a seamless transition of ownership. Westlake will be officially welcomed to the community at the annual Ace Hardware of Raleigh Hot Dog Daze (August 5-6, 2016).

Both Ace Hardware of Raleigh stores will continue to sell a wide range of traditional hardware products such as fasteners, tools, paint, plumbing and electrical supplies, seasonal lawn and garden supplies, and BBQ products.

About Westlake Ace Hardware

Westlake has been in operation for more than 100 years and currently has 94 neighborhood hardware stores in Missouri, Kansas, Nebraska, Iowa, Oklahoma, Texas, North Carolina and New Mexico. It has been part of the Ace hardware distribution network since 1959, and a wholly owned Ace subsidiary since 2012.

Westlake is the largest member of the Ace Hardware Cooperative, giving its customers access to more than 70,000 products—both in-store and by special order—to help them complete numerous household and lawn and garden projects.

For more information about Westlake, please visit westlakehardware.com.

About Ace Hardware

For more than 90 years, Ace Hardware has been known as the place with the helpful hardware folks in thousands of neighborhoods across America, providing customers with a more personal kind of helpful. In 2016, Ace ranked "Highest in Customer Satisfaction with Home Improvement Retail Stores, Ten Years in a Row," according to J.D. Power. With more than 4,800 hardware stores locally owned and operated across the globe, Ace is the largest retailer-owned hardware cooperative in the world. Headquartered in Oak Brook, Ill., Ace and its subsidiaries currently operate 17 distribution centers in the U.S. and also have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates. Its retailers' stores are located in all 50 states, the District of Columbia and approximately 60 countries. For more information on Ace, visit www.acehardware.com.

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