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.
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.