Rona (company)
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RONA Inc. | |
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Missing image RONA.PNG RONA logo | |
Type | Public Template:Tsx |
Founded | Boucherville, Quebec (1939) |
Location | Boucherville, Quebec |
Key people | Robert Dutton - President and CEO André H. Gagnon - Chairman |
Revenue | Missing image Green_up.png image:green up.png $3.68 billion CAN |
Operating Profit | Missing image Green_up.png 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.
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 Matériaux and RONA Le Rénovateur Régional. 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 (http://www.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 Réno-Dépôt Inc. from British Kingfisher plc, including Building Box stores.
RONA names
- RONA Botanix
- RONA Building Center
- RONA Cashway
- RONA Hardware
- RONA Home & Garden
- RONA Home Centre
- RONA L'entrepôt
- RONA L'express
- RONA matériaux
- RONA Lansing
- RONA Le Quincailler
- RONA Rénovateur
- RONA Rénovateur régional
External link
- Rona Official Website (http://www.rona.ca)