Runnings Supply to acquire Achille Enterprises
Minnesota-based Runnings Supply Inc. has reached an agreement to acquire Achille Enterprises, Inc. Operating under Achille Agway, the retailer operates six retail outlets in New Hampshire and Vermont.
“Achille Agway stores are known for their responsiveness to changing customer needs,” says Brian Odegaard, Runnings president. “They have strong community connections and will be a valuable expansion to our presence in the Northeast.”
Achille offers lawn and garden supplies, pest and wildlife control products, farm and livestock supplies, bagged/bulk products and more. The company was started by George Achille, Sr. as a poultry farm in the 1950s; he opened his first store in Peterborough, New Hampshire in 1965.
“This is a significant milestone for the Achille family that has been serving our customers and communities for over 60 years,” says George Achilles, Jr., who now owns and operates the family business. “I truly believe that the Runnings company, also being a family-owned company will continue to carry on our business with the strong values that originated from my parents that were the founders years ago. I know my parents would be very proud, and I am excited for the future of the business.”
Runnings Supply states that plans are for Achille Agway to continue to operate under the Achille’s brand. The transaction is expected to close on March 31, 2023.
Founded in 1947, Runnings currently has 57 stores and employs more than 2,700 workers across eight states. Its outdoor power equipment brands include Ariens, Cub Cadet, Husqvarna, Toro, Honda, Troy-Bilt and DeWalt, plus ranch, farm, lawn and garden and other lines.
