Hardware wholesaler True Value is considering a potential sale of the company. CEO Chris Kempa provided the status update of the Chicago-based hardware wholesaler in an Oct. 4 letter to vendor ...
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The company aims to complete its sale to Do it Best by year-end. True Value serves more than 4,500 stores worldwide with total retail sales of $10 billion, according to the company. In 2024 ...
we determined that the sale of our business was the path forward to maximize value and best serve our retail partners and other stakeholders into the future," said Chris Kempa, True Value's CEO. " ...
True Value, which sells hardware, tools, lumber, plumbing and heating supplies, and other home improvement goods, has between $500 million and $1 billion in total liabilities, according to its Chapter ...