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  6. RONA Acquires TruServ Canada

M&A Deal Summary

RONA Acquires TruServ Canada

On October 1, 2010, RONA acquired distribution company TruServ Canada

Acquisition Highlights
  • This is RONA’s 1st transaction in the Distribution sector.
  • This is RONA’s 1st transaction in Canada.
  • This is RONA’s 1st transaction in Manitoba.

M&A Deal Summary
Date 2010-10-01
Target TruServ Canada
Sector Distribution
Buyer(s) RONA
Deal Type Add-on Acquisition

Target

TruServ Canada

Winnipeg, Manitoba, Canada
TruServ Canada operates two warehousing and distribution centers, one of 400,000 square feet in Winnipeg, Manitoba and one of 250,000 square feet in Kitchener, Ontario where it supplies over 40,000 products (SKUs) with another 80,000 available on direct programs. It generates distribution sales of over $100 million and serves more than 650 independent dealers across Canada, including 250 stores under the True Value, V&S, Country Depot and other specialized banners as well as 400 non-bannered stores.

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Buyer(S) 1

Buyer

RONA

Boucherville, Quebec, Canada
Category Company
Founded 1939
Sector Retail
Employees24,000
Revenue 5.6B CAD (2015)
DESCRIPTION

RONA is a retailer and distributor of hardware, building materials and home renovation products. RONA was founded in 1939 and is based in Boucherville, Quebec.

DEAL STATS #
Overall 1 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Manitoba M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2010 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-05 Millwork & Building Supplies

Oshawa, Ontario, Canada

Millwork operates a family-run chain of home-improvement stores and a truss facility with strong ties to local contractors and retail customers.

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