Rona (store)
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | Retail |
| Founded | 1939 |
| Founders | Roland Dansereau Napoleon Piotte |
| Headquarters | Boucherville, Quebec, Canada |
Number of locations | Around 425 |
Area served | Canada Saint Pierre and Miquelon, France (as Derrible) |
Key people | JP Towner (CEO) |
| Products | Home improvement |
| Revenue | CA$4.2 billion (2013) |
| $332.9 million CAD (2009) | |
| $43.2 million CAD (2010) | |
Number of employees | approx. 52000 (2023) |
| Parent | Sycamore Partners |
| Subsidiaries | Rona 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 |
| Website | ronainc.ca |
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 and Dick's Lumber.
Lowe's acquired Rona for $3.2 billion CAD in May 2016. In November 2022, Lowe's announced it would sell its Canadian operations, including Rona, to Sycamore Partners; the deal was completed the following February. Rona announced in July 2023 that it would begin converting Lowe's locations to the new banner Rona+.