M&A Deal Summary

True Value Acquires Agway Farm & Home Supply - Brand Trademark Rights

On November 1, 2022, True Value acquired distribution company Agway Farm & Home Supply - Brand Trademark Rights from Agway Farm & Home

Acquisition Highlights
  • This is True Value’s 1st transaction in the Distribution sector.
  • This is True Value’s 2nd transaction in the United States.
  • This is True Value’s 1st transaction in Virginia.

M&A Deal Summary

Date 2022-11-01
Target Agway Farm & Home Supply - Brand Trademark Rights
Sector Distribution
Buyer(s) True Value
Sellers(s) Agway Farm & Home
Deal Type Divestiture

Target

Agway Farm & Home Supply - Brand Trademark Rights

Richmond, Virginia, United States
Agway Farm & Home Supply's Brand Trademark Rights is a provider of distribution services.

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Buyer(S) 1

Buyer

True Value

Chicago, Illinois, United States

Category Company
Founded 1948
Sector Retail
Employees2,800
DESCRIPTION

True Value is an independent hardware retailer and cooperative with locations across the US. True Value was founded in 1948 and is based in Chicago, Illinois.


DEAL STATS #
Overall 2 of 2
Sector (Distribution) 1 of 1
Type (Divestiture) 2 of 2
State (Virginia) 1 of 1
Country (United States) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-14 Yenkin-Majestic - Consumer Paint Business

Columbus, Ohio, United States

Yenkin-Majestic's Consumer Paint Business provides consumer paint, producing architectural coatings for home, agricultural, and specialty applications.

Buy -

Seller(S) 1

SELLER

Agway Farm & Home

Richmond, Virginia, United States

Category Company
Founded 1964
Sector Distribution
DESCRIPTION

Agway Farm & Home is a wholesale product distribution company that offers wild and caged bird products, including bird seeds, baffles and guards, baths and accessories. Agway Farm & Home was founded in 1964 and is based in Richmond, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1