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Ace Retail Holdings to Grow Footprint

The Ace Hardware Corporation division is set to acquire Bishop Ace Hardware, a 13-store chain in Central Illinois.

The company says it will be a “seamless” transition of ownership and the 13 stores will retain their Ace branding, store management, personnel and current product mix. The acquisition is expected to be completed on 28 July.

“Bishop Ace Hardware has always placed a priority on making sure that customers throughout Illinois are provided with the products, support and world-class service that is the cornerstone of the Ace brand,” said Joe Jeffries, President and CEO of Ace Retail Holdings. “Their passion for the hardware business has created a tradition of excellence that is truly inspiring. It is an honour to continue their legacy.”

Ace Hardware is the largest retailer-owned hardware cooperative in the world with over 5,700 locally-owned and operated hardware stores in approximately 60 countries.