Réno-Dépôt

Réno-Dépôt is a big box chain of hardware stores located in Quebec which specialise in the distribution (business) and sale of renovation products and hardware.

Description

The company distributes and sells renovation products and household hardware to home owners and home builders. Surfing on the wave of housing renovations in Quebec, their success can be attributed by the fact that their stores are warehouse styled for large market areas. Their competitor in Québec is Home Depot, since they are owned by Rona. They are very competitive with their Réno-Dépôt banners. There are 18 large surface stores in Québec.

Providing service throughout Quebec, the company has 18 warehouses which employ 8,100 persons. Their head office is located in Boucherville, Quebec.

History

In 1987, Groupe Val Royal entered into a strategic agreement with the Molson Companies and acquired the Castor Bricoleur stores, located in Québec. In 1992, Groupe Val Royal, with its partner Aikenhead’s, a division of the Molson Companies, announced the creation of Réno-Dépôt warehouse stores. The first location opened in Brossard. After the Brossard store, Montréal welcomed its first branch location in August 1993, in Anjou. In 1994, two other stores opened their doors: Laval and Pointe-Claire, followed by Marché Central (Montréal) and Québec in 1995. That same year, the company changed its name to Réno-Dépôt. In 1996, a new location was established in Saint-Hubert.

In 1997, the two majority shareholders of Réno-Dépôt Inc., the Michaud family and Molson Companies Limited, sold their interest in the company to the French group Castorama S.A. In 1998, the British group Kingfisher PLC acquired a large block of shares from the Castorama S.A. group to become the majority shareholder. In 1999, Réno-Dépôt opened a location in LaSalle and, the following year, entered the Ontario market by inaugurating the first stores under its new banner, The Building Box. In 2003, Rona acquired Réno-Dépôt Inc. from the British multinational Kingfisher PLC. The Building Box stores in Ontario became RONA Home & Garden.^[1]

See also

• Rona

External links

Réno-Dépôt in Sainte-Foy

• Official website

References