- Gold Beach Lumber will acquire Dazey’s Hubbards’ business assets and real estate in Medford, Oregon, with closing expected by Dec. 31, 2025.
- The purchase gives Gold Beach Lumber its third 2025 acquisition and expands its Oregon footprint to 10 locations, pushing further into inland southern Oregon.
- The Medford store, founded in 1884 as Hubbard’s Hardware, is Oregon’s oldest hardware store and was bought by Dazey’s Supply eight years ago.
- Both businesses will operate normally until closing, and the Do it Best cooperative affiliation is expected to continue to support continuity and scale.
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This acquisition suggests a strategic push by Gold Beach Lumber to expand its geographic footprint inland and strengthen its position in southern Oregon. Moving into Medford, which serves a larger market than Gold Beach’s traditional coastal areas, represents a meaningful departure from its lower-density rural base. Completing three acquisitions in a single year shows an elevated growth tempo—likely in response to competitive pressures from national chains and supply chain scale economies.
The preservation of the store’s real estate, business assets, and local team—along with continued operations until formal closing—helps mitigate transition risk and preserves customer loyalty. Maintaining Do it Best affiliation aligns with supporting independent supply cooperatives, an important differentiator compared with non-affiliated big-box retailers.
Furthermore, the purchase of a historic store dating to 1884 adds intangible value—brand legacy, community goodwill, and possibly favorable real estate/local government relations. It positions Gold Beach Lumber not merely as a consolidator but as a steward of local retail heritage.
However, several open questions emerge: the financial terms of the transaction are unstated—how much debt, equity, or cash is involved; the extent of planned rebranding or capital investment post-close; potential overlaps or efficiencies with existing locations; and how Gold Beach Lumber will handle integration challenges in a larger, more urbanized market like Medford compared to its coastal origins.
Strategically, this move may signal further acquisitions ahead, especially in southern Oregon or similarly underserved interior regions. Gold Beach Lumber may also be positioning itself to compete with national hardware chains by emphasizing local ownership, legacy, and supply chain advantages through its Do it Best affiliation.
Supporting Notes
- Gold Beach Lumber is buying the business assets and real estate of Dazey’s Hubbards in Medford, Oregon; deal expected to close by end-of-2025, with operations continuing normally until closing in December.
- With this acquisition, Gold Beach Lumber will reach 10 store locations across Oregon; the deal is its third purchase in 2025.
- Dazey’s Hubbards (originally Hubbard’s Hardware) was founded in 1884, marking it as Oregon’s oldest hardware store; it was acquired by Dazey’s Supply eight years ago.
- Gold Beach Lumber is a family-owned company, founded in 1955, operating under several brands—including Gold Beach Lumber, Cascade Home Center, and Hennick’s Home Center—and is affiliated with the Do it Best cooperative; the same cooperative affiliation applies to the acquired store.
- The acquisition expands Gold Beach Lumber’s presence in southern Oregon, diversifies its markets from coastal to inland areas, and strengthens supply chain scale while preserving local operations and staff.