RONA Acquires TruServ

On November 3, 2010, RONA Inc. completed the acquisition, by way of amalgamation, of all of the issued and outstanding shares of TruServ Canada Inc.

RONA Inc. is Canada's largest distributor and retailer of hardware, renovation and gardening products. RONA aims to offer the best service and the right product at the right price to consumers of housing and home improvement products.

TruServ Canada Inc. serves more than 650 independent dealers across Canada, including 250 stores under the True Value, V&S, Country Depot and other specialized banners as well as 400 non-bannered stores.

Financial details of the transaction were undisclosed.

Ogilvy Renault LLP represented RONA with a team that included Jean-Pierre Colpron, Éric Stevens, Elliot Shapiro and Anna-Isabelle Morency-Botello (corporate/M&A/securities); Thierry Dorval (competition law); and Norman Lieff (real estate).

Aikins, MacAulay & Thorvaldson LLP represented TruServ Canada Inc. with a team that included James Ferguson, Peter Drazic, Pamela Hilderman, Steven Meltzer (corporate/M&A/securities/competition) and Steven Kohn and Scott McCamis (tax).

Lawyer(s)

Norman B. Lieff Jean-Pierre Colpron Elliot Shapiro Steven J. Kohn Steven M. Meltzer Anna-Isabelle Morency-Botello James A. Ferguson Thierry Dorval Pamela E. Hilderman Peter F. Drazic Scott A. McCamis Eric Stevens

Firm(s)