Do it Best closed its $153 million acquisition of bankrupt competitor True Value on Friday, creating the world’s largest hardware cooperative, officials said.

WANE-TV

Fort Wayne

Allen County

Indiana

United States

Do It Best acquires True Value, doubles in size

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Nexstar Media Group

True Value will function as a separate subsidiary of Do it Best.

WFFT FOX 55 Fort Wayne

Do it Best officially purchases Chicago-based True Value

Overall, the deal effectively doubles the size of Do it Best's membership.

Modern Distribution Management

Do it Best Closes True Value Acquisition

By acquiring these key resources, Do it Best is poised for substantial growth and increased capability to support independent retailers and bring operational stability to current True Value retailers, along with investment in the iconic brand.

LBM Journal

Do it Best officially acquires True Value

journalgazette.net

Do it Best completes $153 million acquisition of True Value

Transaction creates the world’s largest network of independent home improvement stores...

Do It Best acquires True Value, doubles in size

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