Westlake Ace Hardware Agrees to Acquire Groom & Sons’ McKinney, Texas Location
Westlake Ace Hardware announced it is acquiring Groom & Sons’ Ace Hardware location in McKinney, Texas. It is anticipated the purchase will be completed on February 25, 2019. With this acquisition, Westlake will own and operate 13 stores in Texas.
According to Westlake, it will be a seamless transition of ownership and the store will retain management, store personnel, and most of the current product mix. As part of the purchase, the store will become a Westlake Ace Hardware location. Groom & Sons’ has been in business since 1948 and will continue to own and operate its other stores in Athens, Dallas and Mabank.
The 12,717 sq. ft. McKinney store will continue to sell traditional hardware products such as fasteners, tools, plumbing and electrical supplies. Additionally, the store features a full range of grills and BBQ accessories from Weber, Traeger and Big Green Egg, Stihl outdoor power equipment, and Benjamin Moore paint.
“Westlake’s expansion in the great state of Texas with the acquisition of Groom & Sons’ McKinney location exemplifies our strategy of acquiring businesses that share the same core values of customer service and integrity that we have,” said Joe Jeffries, President and CEO of Westlake Ace Hardware. “We look forward to becoming part of the McKinney community and showing our new neighbors and customers there how we live the Ace Helpful Promise every day by delivering reliable service, helpful advice and products to help customers get their projects done right.”
About Westlake Ace Hardware
Westlake has been in operation for more than 110 years and currently has 123 neighborhood hardware stores in Illinois, Iowa, Kansas, Missouri, Nebraska, North Carolina, Oklahoma, Texas, New Mexico, and Washington. It has been part of the Ace Hardware Cooperative since 1959 and is its largest member, and a wholly owned Ace subsidiary since 2012. Being part of the Ace family gives Westlake’s 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. In 2013, Westlake Commercial was created to offer world-class service and a wide array of products to business and trade customers. In addition to free delivery and free in-store charge accounts, Westlake Commercial’s customers have access to more than 800,000 products such as HVAC equipment, plumbing supplies, safety products, commercial lighting, and paint. Guided by the mission to “make it our business to know your business,” Westlake Commercial is dedicated to finding its customers hard-to-find items, securing large-quantity orders, and offering the most competitive pricing available.
Source: Westlake Hardware, Inc.