News 

Ace Hardware Corporation has acquired Emery-Waterhouse. Emery-Waterhouse will move forward as an independently operated, majority-owned subsidiary of Ace Hardware. “The acquisition of Emery-Waterhouse serves as a tremendous catalyst to leverage wholesale purchasing power,” said John Venhuizen, President and CEO, Ace Hardware Corporation. “We are confident that both Ace retailers and Emery-Waterhouse customers will benefit from the additional scale and expanded assortments.”

“The Ace team is very excited to join hands with Emery-Waterhouse. Both companies have been successful with foundations built on excellent wholesale distribution and cultures built around customer service.” Venhuizen said, “My belief continues to be that Ace has two options as our industry evolves and consolidates; we can do nothing and hope the chips fall our way, or we can participate as a leader to shape our industry for the long-term benefit of Ace shareholders.