Rona (store)
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+, and Réno-Dépôt, as well as smaller brands such as Rona Cashway, Moffatt & Powell and Dick's Lumber.
| Formerly |
|
|---|---|
| Company type | Subsidiary |
| Industry | Retail |
| Founded | 1939 |
| Founders | Rolland Dansereau Napoleon Piotte |
| Headquarters | 220 Ch. du Tremblay, Boucherville, Quebec J4B 8H7, |
Number of locations | Around 470; 14 Home & Garden locations |
Area served | Canada Saint Pierre and Miquelon, France |
Key people | Andrew Iacobucci (CEO) |
| Products | Home improvement |
| Revenue | $4.2 billion CAD (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+ Réno-Dépôt Rona Cashway Dick's Lumber |
| Website | rona.ca |
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 former Lowe's locations to the new banner Rona+.