Rona (store)

This article is about the home improvement chain in Canada. For other uses, see Rona (disambiguation).
RONA, Inc.
Formerly
  • Les Marchands en Quincaillerie (1939–1960)
  • Ro-Na (1960–1988)
  • Rona Dismat (1988–1998)
Company typeSubsidiary
IndustryRetail
Founded1939; 85 years ago (1939)
FoundersRoland Dansereau
Napoleon Piotte
Headquarters220 Ch. du Tremblay, Boucherville, Quebec J4B 8H7,
Canada
Number of locations
Around 470; 14 Home & Garden locations; ~61 Rona+ locations
Area served
Canada
Saint Pierre and Miquelon, France (as Derrible)
Key people
Andrew Iacobucci (CEO)
ProductsHome improvement
Revenue$4.2 billion CAD (2013)[1]
Decrease $332.9 million CAD (2009)[2]
Increase $43.2 million CAD (2010)[2]
Number of employees
approx. 52000 (2023)
ParentSycamore Partners
SubsidiariesRona Home & Garden (Rona L’Entrepôt in Quebec)
Rona+ (formerly Lowe's and Réno-Dépôt)
Rona Home Centre
Rona Cashway
Rona Lansing
Moffatt & Powell Rona
Rona Coast Builders
Rona Tyee Building Supplies L. P.
Rona Powell River Building Supply Ltd.
Mack Foster Building
G.A. Hardware Ltd.
Derrible
Dick's Lumber
Websiteronainc.ca
Rona in Quebec
Former Réno Dépôt in Sainte-Foy, Quebec
Former RONA Cashway in Milton, Ontario
RONA in Markham, Ontario
RONA+ in Windsor, Ontario

Rona, Inc. (stylized as RONA) is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners. Founded in 1939, the company operates a mixture of company-owned and franchised retailers under multiple banners, including Rona, its big box formats Rona Home & Garden (Rona L’Entrepôt in Quebec), Rona+, as well as smaller brands such as Rona Cashway, Moffatt & Powell[3] and Dick's Lumber.

Lowe's acquired Rona for $3.2 billion CAD in May 2016.[4] In November 2022, Lowe's announced it would sell its Canadian operations, including Rona, to Sycamore Partners; the deal was completed the following February.[5][6] Rona announced in July 2023 that it would begin converting former Lowe's locations to the new banner Rona+. Rona announced in May 2024 that it would also begin converting former Réno-Dépôt locations to the Rona+ banner.[7]

  1. ^ "Lowe's Canada: Homepage".
  2. ^ a b "RONA 2009 Annual report" (PDF). Archived from the original (PDF) on 2010-07-05. Retrieved 2010-05-17.
  3. ^ "Moffatt & Powell Joins RONA".
  4. ^ "Lowe's Completes Acquisition Of Rona". lowes.ca. 20 May 2016. Retrieved 15 Sep 2018. Lowe's Companies, Inc. today announced that it has completed its previously announced acquisition of RONA inc., in a transaction valued at C$3.2 billion (US$2.4 billion).
  5. ^ Cite error: The named reference tgam-sycamore was invoked but never defined (see the help page).
  6. ^ Cite error: The named reference sale-complete was invoked but never defined (see the help page).
  7. ^ "RONA inc.: The RONA brand extends its reach in Canada". www.ronainc.ca. 2024-05-24. Retrieved 2024-10-10.