Westlake Ace Hardware, a subsidiary of Ace Hardware Corporation, has acquired four hardware stores located in Iowa, Missouri and Nebraska.
The 110-year-old Westlake Ace Hardware chain acquired all four Watkins Hardware locations bringing Westlake Ace Hardware’s total store count to 89 locations. Westlake Ace Hardware will take possession of all four properties and begin the process of rebranding the Watkins stores as Westlake Ace Hardware. The stores are located as follows: Red Oak, IA (1601 Broadway Street), Maryville, MO (1409 S. Main), Beatrice, NE (2317 N. 6th Street) and Nebraska City, NE (1107 Grundman Blvd.)
Tom Knox, CEO of Westlake Ace, stated, “The acquisition of the four-store Watkins Hardware chain will complement our overall footprint in many of the Great Plains states.”