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Lowe's Canada, Inc. was the Canadian subsidiary of American home improvement chain Lowe's. The Lowe's chain began an expansion into Canada in 2007, beginning with locations in Ontario, and later expanding into other provinces.
Nov 3, 2022 · Lowe's announces a deal to divest its Canadian retail business, including RONA, Lowe's Canada, Réno-Dépôt and Dick's Lumber, for $400 million in cash and performance-based deferred consideration. The transaction is expected to close in early 2023 and will simplify Lowe's business model and focus on U.S. market share.
Feb 3, 2023 · Lowe's Canada to now operate as RONA inc. RONA, Lowe’s, Réno-Dépôt and Dick’s Lumber stores continue to serve Canadians and their home improvement projects, offer Lowe’s private brands, provide compelling financing plans to customers, and honor warranties and gift cards.
Nov 15, 2022 · The home improvement retailer earlier this month disclosed that it has entered into a definitive agreement to sell its Canadian operations to the private equity firm Sycamore Partners.
Discover a leader of the home improvement industry in Canada and its multi-banner network: RONA, Lowe’s, Reno-Depot, Dick’s Lumber.
Nov 4, 2022 · Lowe's Companies, Inc. is selling its Canadian retail business to New York-based private equity firm Sycamore Partners for $400 million US plus a performance-based deferred consideration. The deal, expected to close in early 2023, will establish Lowe's Canada and Rona as a standalone, Quebec-headquartered company.
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