Westlake Ace Hardware Acquires Olson’s Ace Hardware in Kansas

The acquisition includes Olson’s locations in Coffeyville and Parsons, carrying on the retailer’s nearly 70-year legacy of service.

KANSAS CITY, Mo. (August 20, 2025) – Westlake Ace Hardware announced today it has agreed to acquire Olson’s Ace Hardware, a family-owned hardware retailer with two locations in Kansas: 1318 West 8th St. in Coffeyville and 200 North 18th St. in Parsons. The acquisition will be completed on November 2, 2025. 

Following the acquisition, the stores will be rebranded as Westlake Ace Hardware and remodeled later in 2026. The terms of the sale ensure a smooth transition, with the majority of current employees being retained and minimal disruption in day-to-day operations.

Charlie and Rosie Olson founded Olson’s Ace Hardware in 1956 in Parsons, Kan. Ben and Beth Ryan purchased the business in 2007. In 2019, Olson’s Ace added a second location in Coffeyville, Kan. 

“Throughout our history, providing outstanding customer service has always been at the heart of what we do,” said Ben and Beth Ryan. “We make sure that every customer is taken care of, and our employees are the number one reason for that.”

They added, “Westlake Ace Hardware is the best choice for the next phase of Olson’s Ace because they will not only take care of our employees, but under their ownership, the stores will continue to prosper and make a meaningful impact on the communities we serve.”

“For nearly 70 years, Olson’s Ace has delivered the highest levels of product knowledge and service to their customers in Coffeyville and Parsons,” said Joe Jeffries, president and CEO of Ace Retail Holdings, the parent company of Westlake Ace Hardware. “It is an honor to continue that tradition. We are also eager to meet our new friends, neighbors, and customers and show them how we live the Ace Helpful Promise every day through world-class service, helpful advice, and the leading products they need to get their projects done right.”