True Value – Member Profile

Corporate NIHAA Member

About True Value Company

True Value Company is an American wholesaler with over 4,500 independent retail locations worldwide.

A number of different retail identities are supported by True Value Company, including True Value (hardware and home center stores), Grand Rental Station, Party Central, and Taylor Rental (equipment and party rental), Induserve Supply (commercial supplies), Home & Garden Showplace (nursery and garden center stores) as well as affiliate stores that purchase from True Value Company but do not use any of the national store identities.

The wholesaler supports its retailers through 13 regional distribution centers and approximately 2,500 associates in 60 countries.[1] 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.

True Value Company

Type  Private
IndustryHardware stores
Founded Chicago, Illinois, U.S.  (1948; 73 years ago, as Cotter & Company)
FounderJohn Cotter

Headquarters Chicago, Illinois U.S.

Number of locations 4,500+ (60 countries)
Key people

Chris Kempa (CEO)

RevenueDecrease US$1.488 billion (2017)

Increase US$ 40.16 million (2017)

Increase US$ 24.75 million (2017)
Total assetsDecrease US$ 912.88 million (2017)
Total equityDecrease US$ 160.4 million (2017)
Owner  ACON Investments

Number of employees

2,500 (2019)