Westlake Ace Hardware expands to 100 stores across US
Westlake Ace Hardware has increased its retail footprint to 100 hardware locations in the US, with the completed acquisition of two QP Ace Hardware stores in Omaha, Nebraska.
The acquired stores are being rebranded as Westlake Ace locations.
Westlake Ace Hardware CEO Tom Knox said: “As we continue to grow, we will always be there to help our customers keep their households running smoothly by providing the highest level of service, know-how, and products.
“A big part of our expansion strategy has been to make acquisitions that make sense for our customers and our business as a whole.
“Most importantly, these stores share our values and help us continue to deliver on our brand promise to be the best, most helpful hardware stores on the planet.”
Westlake noted that the transition of ownership will not impact the operations, and it intends to retain the personnel in the two stores.
Even after the change of ownership, the stores will continue to sell traditional hardware products such as fasteners, tools, paint, plumbing and electrical supplies.
Meanwhile, QP Ace Hardware will continue to own four other locations in Lincoln, Nebraska.
In addition to the newly acquired stores, Westlake has ten other locations in Nebraska.
The hardware retailer has 100 neighbourhood stores in Iowa, Kansas, Missouri, Nebraska, North Carolina, Oklahoma, Texas, and New Mexico.
Operating as a wholly owned Ace Hardware subsidiary since 2012, the company has a portfolio of 70,000 products in household and garden equipment.