sylvain prud’homme

Mooresville, N.C. and Boucherville, Quebec — Lowe’s Companies, Inc. and RONA inc. have entered into a definitive agreement under which Lowe’s is expected to acquire RONA for C$3.2 billion (U.S. $2.3 billion). Together, Lowe’s Canada and RONA stores will create Canada’s leading home improvement retailer.

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Toronto — Lowe’s Canada has appointed Jeff Boyd as vice president, real estate, construction and store design, effective immediately. Boyd joined Lowe’s in October 2007 and has played an instrumental role in the development of the company’s real estate and construction function in Canada over the past 7 and a half years.

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