Jan. 18, 2008 - Canadian Distributor RONA Acquires Best-MAR
“We believe RONA, through its Noble Trade’s network, has all the qualities and resources necessary to continue to grow our business,” Alvin Stein, Best-MAR’s owner and president, said in a statement.
RONA operates a network of more than 670 franchised, affiliated and corporate stores of various sizes and formats and has more than 14 million square feet of retail space. The RONA store network generates nearly $5 billion (Canadian) in annual retail sales. RONA's 26,000-plus employees work under its family of banners across Canada.
Best-MAR was founded in July 1994 and has a staff of 45 people. Best-MAR generates close to $20 million (Canadian) in sales.