Sycamore Partners Acquires Lowe's Canadian Retail Business (RONA inc.)

February 3, 2023

Sycamore Partners has completed the acquisition of Lowe's Canadian retail business, which will operate as RONA inc., headquartered in Boucherville, Quebec. The business operates or services approximately 450 corporate and affiliated stores under banners including RONA, Lowe's, Réno-Dépôt and Dick's Lumber and employs roughly 26,000 people across Canada.

Buyers
Sycamore Partners
Targets
RONA inc. (Lowe's Canadian retail business)
Sellers
Lowe's Companies, Inc.
Industry
Retail
Location
Quebec, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.