Do it Best completes merger
United Hardware and Do it Best announced their merger has been approved.
In an update of the HBSDealer story that appeared March 1, United Hardware shareholders overwhelmingly voted in favor of the merger on April 5.
“This partnership represents our deep-seated belief in the co-op model and our dedication to drive member growth in an increasingly competitive market,” said Dan Starr, president and CEO of Do it Best.
United Hardware President and CEO Chad Ruth echoed Starr’s sentiments: “This is a significant milestone in our history, and we’re confident that this merger will continue to support the United Hardware dealers at the level of service they expect.”
The parties said the strategic decision reflects a shared commitment to exceptional service, quality products, and a comprehensive range of programs to empower independent home improvement business owners.
Both United Hardware and Do it Best leadership teams are dedicated to ensuring a seamless transition for customers without disruption to their service, the companies said.
Under the deal, all United Hardware store locations will maintain their independent brand identities, allowing them to retain their autonomy and individuality within the co-operative framework.
Do it Best said, “By leveraging organizational strengths and resources, the merger will provide value to members and foster their continued success.”
