RONA completes sale of DC near Montreal

RONA inc. has completed the sale of its distribution centre in Terrebonne, a suburb of Montreal, to BMTC Group, a holding company in Montreal. The imminent cessation of regular operations at RONA’s Terrebonne facility had been announced back in January. BMTC, in a release, said that the deal cost $96 million before taxes—and RONA has a lease-back agreement, the details of which were not specified.