Rona (company)

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Rona (company)

Image:Rona (company).png

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RONA Inc.
Image:RONA.PNG
Type Public Template:Tsx
Founded Boucherville, Quebec (1939)
Location Boucherville, Quebec
Key people Robert Dutton - President and CEO
Andr� H. Gagnon - Chairman
Revenue Image:Green up.png$3.68 billion CAN
Operating Profit Image:Green up.png$137 million CAN
Website http://www.rona.ca

RONA Template:Tsx is Canada's leading distributor and retailer in hardware, home improvement and gardening products, founded in 1939. Rona operates a network of some 540 stores of various sizes and types. More than 16,000 employees in all regions of Canada work under the various banners. The Rona network represents over 1 million square metres and annual sales approaching $4 billion. The company holds an 11% share of its nationwide market. The corporate headquarters is located in Boucherville, Quebec. Administration centres are located in Surrey, British Columbia and Etobicoke, Ontario, Canada.

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History

1982 - Ro-Na purchased the assets of Botanix.

1984 - Ro-Na merged with Ontario-based Home Hardware Stores Ltd. to create Alliance RONA Home Inc.

1988 - Ro-Na merged with Dismat, another building materials company, to create Ro-Na Dismat Group Inc.

1990 - Ro-Na formed an alliance with Hardware Wholesalers Inc. of Fort Wayne, Indiana.

1997 - ITM Entreprises S.A., a France-based group, invested $30 million in the Ro-Na Dismat Group Inc. ITM became a shareholder and formed a purchasing alliance with Ro-Na.

1998 - Ro-Na eliminated the Le Quincailleur and Dismat names and introduced RONA L'express, RONA L'express Mat�riaux and RONA Le R�novateur R�gional. It also changed its name from Ro-Na Dismat Group Inc. to RONA Inc.

1999 - RONA opened a new warehouse adjacent to its headquarters, measuring 654,000 square feet (61,000 m²), doubling its warehousing capacity and achieving considerable cost savings.

2000 - RONA acquired Cashway Building Centres, with 66 stores. It permanently opens its online store on the rona.ca website.

2001 - RONA acquired 51 Revy, Revelstoke and Lansing stores and thus owning many more stores in the Greater Toronto Area.

2002 - RONA closed a public offering consisting of a total offering of $150,1 millions of Common Shares. RONA's Common Shares were then traded on the Toronto Stock Exchange under the symbol "RON".

2003 - RONA acquired R�no-D�p�t Inc. from British Kingfisher plc, including Building Box stores.

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RONA names

  • RONA Botanix
  • RONA Building Center
  • RONA Cashway
  • RONA Hardware
  • RONA Home & Garden
  • RONA Home Centre
  • RONA L'entrep�t
  • RONA L'express
  • RONA mat�riaux
  • RONA Lansing
  • RONA Le Quincailler
  • RONA R�novateur
  • RONA R�novateur r�gional
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External link

  • Rona Official Website

News

  • RONA net earnings jump more than 26% in fourth quarter and fiscal ... - CNW Telbec (Communiqués de presse)

Related articles

Image:Wikipedia-small.png Wikipedia article about Rona (company) (search). This article uses material from that article.
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