C-A-L Ranch Stores (Idaho Falls, Idaho) and Coastal Farm & Home (Albany, Ore.) have merged, creating a 54-unit farm-and-ranch retailer in the Western U.S. Terms of the deal were not disclosed.
Nolan Capital (Hermosa Beach, Calif.), Coastal’s current majority partner, will retain a majority stake in the combined business.
“There are great synergies between the two companies,” said Tom Yearsley, CEO of C-A-L Ranch and the newly combined company. “Collectively, we have over 100 years of successful farm and ranch retail experience. As we learn from each other and become united, we will be able to build upon the legacies of Coastal Farm & Home and C-A-L Ranch Stores.”
The merger marks a next step for Nolan Capital’s investment in the farm and ranch retail industry. “The combination of these two great businesses creates an enormous amount of value and opportunity. We are thrilled to be partnering with Jerry and Tom who have built C-A-L Ranch into a leading player and best-in-class operator in the farm and ranch retail industry,” said Peter Nolan, Chairman of Nolan Capital.
Founded in 1959, C-A-L Ranch has 33 locations and 1100 associates across Idaho, Utah, Nevada and Arizona. Coastal Farm & Home, which launched in 1963, has 21 locations and 1100 associates across Oregon and Washington.