Throwback Thursday: 20 years ago, RONA makes peace with Matco Ravary

Throwback Thursday is a weekly feature where we dip into the Hardlines archives …

In our July 17, 2003 Hardlines we reported that RONA had made peace with Montreal building centre chain Matco Ravary.

We wrote:

RONA Inc. and Matco Ravary have settled their differences, following the sale of the Montreal-area chain of building centres by Matco’s board of directors to a consortium of BMR dealers. RONA, which owned about a third of the Matco shares, had disputed the sale to a major competitor, and had tried unsuccessfully to block the sale with an injunction. The conflict had ended up in both sides suing each other.