Trace the store back to who actually owns it — before you decide where your money goes.
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0.5Hardware
Lowe's Companies Inc. (US) sold its entire Canadian business (Lowe's, RONA, Reno-Depot, Dick's Lumber banners) to Sycamore Partners, a US private equity firm, in Feb 2023; stores are being rebranded RONA. RONA itself was Canadian-founded (1939) before Lowe's bought it in 2016 - now back under different foreign ownership.
Ownership
Parent company
Sycamore Partners (operating as RONA inc.)
Nationality
American (PE firm)
Voting control
0% Canadian (exact)
Operating model
mixed
Franchise split
~25% franchised (estimated)
Last verified
2026-08-22