Does Lowe’s own Ace Hardware?

Ace Hardware is a hardware store chain with locations in the United States and abroad. The company was founded in 1924 by Richard Hesse, E.C. Simmons, and Frank Burke. Ace Hardware Corporation is currently headquartered in Oak Brook, Illinois.

Lowe’s is a home improvement and appliance store chain with locations in the United States, Canada, and Mexico.

The company was founded in 1946 by Lucius Smith Lowe and Carl Buchan. Lowe’s Companies, Inc. is currently headquartered in Mooresville, North Carolina.

So, does Lowe’s own Ace Hardware? No, Lowe’s does not own Ace Hardware. The two companies are independent of each other, though they are both part of the larger retail industry.

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