Ace Hardware Names Benjamin Moore Its Main Paint Supplier
New York, NY, July 11, 2019-Ace Hardware has announced that it is making Berkshire Hathaway-owned Benjamin Moore its main paint supplier, reports the Wall Street Journal.
“Benjamin Moore has long said that it would sell paint only through independent dealers and hardware stores, forgoing large home-improvement chain stores like Home Depot. Warren Buffett, Berkshire Hathaway’s chairman, forced out a previous Benjamin Moore chief executive who wanted to depart from that strategy.”
This pushes Sherwin Williams out of thousands of Ace locations.