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11/30/2021

Acquisition for Aubuchon

New England retailer expands in Eastern Pennsylvania.
Image
a group of people standing in a parking lot in front of a building
To be acquired: this store in Blue Bell, Pa., and three others.

Delray Plus True Value in New Hope, Pa., and three additional nearby True Value stores in the Eastern Pennsylvania cities of Doylestown, Richboro, and Blue Bell are being sold to Aubuchon Hardware.

Following the closing at year-end, the Aubuchon Company will operate 107 stores in 8 states.

“The most important thing you’ll find at the Delray Plus family of stores is a passion for delivering service and building relationships,” said William E. Aubuchon, IV, president & CEO of Westminster, Mass.-based Aubuchon, described as the oldest and largest family-owned hardware store chain in America.

Delray was founded and is operated by Bob Seminack and Micky Flood. Also in the business are Bob’s son-in-law Dan McLaughlin and Micky’s son Chad Flood.

“Bob, Micky, Dan, and Chad all care deeply about their customers and staff and we promise to do the same,” Aubuchon said.

“Retailing has been our life’s work,” said Flood. “After more than 40 years, it’s bittersweet to now be selling.”

“Our family is excited to be partnering with the Aubuchon’s,” added Seminack. “We both know what it takes to serve customers and operate first-rate local hardware stores.”

“Once we decided it was time to make this change, we needed to find the right partner. The Aubuchon Company is not a short-term holding company. Family-owned and operated since 1908, their strength, commitment to people, and long-term plans really stood out,” said Dan McLaughlin.