True Value
The True Value Company is an American wholesaler with over 4,500 independent retail locations worldwide.
True Value | |
Company type | Private |
Industry | Hardware stores |
Founded | Chicago, Illinois, U.S. (1948 , as Cotter & Company) |
Founder | John Cotter |
Headquarters | , |
Number of locations | 4,500+ (60 countries) |
Key people | Chris Kempa (CEO) |
Products |
|
Revenue | US$1.488 billion (2017) |
US$ 40.16 million (2017) | |
US$ 24.75 million (2017) | |
Total assets | US$ 912.88 million (2017) |
Total equity | US$ 160.4 million (2017) |
Owner | ACON Investments |
Number of employees | 2,500 (2019) |
Website | truevalue |
The True Value Company uses several different retail identities, including but not limited to True Value, Grand Rental Station, Party Central, and Taylor Rental, Induserve Supply, and Home & Garden Showplace.
The wholesaler supports its retailers through 13 regional distribution centers and approximately 2,500 employees in 60 countries. The corporate headquarters are located in the O'Hare neighborhood of Chicago.
Historically it was a cooperative owned by retailers, but in 2018 it was purchased by ACON Investments.
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