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“This is Sears’ second acquisition of this kind this year,” said Beryl J. Buley, senior vice president/general manager of home stores for Sears. “It underscores our commitment to maintaining a leadership position in the appliance business and to serving the luxury home building market. Westar truly is ‘best of class’ in this market in Arizona and Nevada and has an excellent reputation as one of the largest contract appliance dealer in some of the fastest-growing housing markets in the U.S.”
Westar is being acquired by FBA Holdings Inc., a direct wholly-owned subsidiary of Sears that also operates McPhail’s Appliance, with six showrooms serving Northern California and Reno, NV; Florida Builders Appliances, with six showrooms located in Southern Florida; and Standards of Excellence, with five showrooms in the San Diego area.
The transaction is expected to be closed by the end of this year.
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Sears, Roebuck and Co.
