Does Ace Hardware own True Value?

Ace Hardware is an American hardware retailer founded in 1924. It is a cooperative of independently owned hardware stores. As of 2018, Ace Hardware Corporation operates 2,200 stores in the United States and more than 60 countries around the world.

True Value is an American hardware store chain founded in 1948.

It is composed of approximately 4,400 independently owned stores. True Value Company is headquartered in Chicago, Illinois.

The two companies are not related.

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