Page 14 - LBMAO - Reporter Jan-Feb 2023 - web optimized

Industry NEWS

in several categories, including seasonal and nicholson and cates limited enters environment and to forging relationships with
outdoor. Strategically presented on a sales management buy-out agreement vendors that manage lumber, and other natural
floor totaling 6,000 sq. ft., in addition of a resources, responsibly. For more information
5,000 sq. ft. storage area, a total of 10,500 visit: niccates.com
products will be offered in a completely
redesigned space to enhance the customer’s For further Nicholson and Cates Limited media
shopping experience. enquiries, please contact:
“Nancy, D’Arcy, and their team are once Jim Livermore, CEO and President
again demonstrating their willingness to Nicholson and Cates Limited, a leading jiml@niccates.com
go above and beyond the needs of their building products distributor and lumber re-
customers. As major players in the economic manufacturer, announced that they entered
development of southern Ontario, they put into a management buy-out agreement on news from home hardware
their expertise and passion to work for their December 1st, 2022. Over the coming years,
community,” said Philippe Element, Vice- leadership of the organization will transition
President, RONA Sales and Dealer Support. to an employee shareholder group consisting
“We are happy to support and help them with of: Morgan Wellens, Brian Roger, and Bill Best.
their growth plans.” Jim Livermore, CEO and President of N&C
Firmly rooted in its southern Ontario said “As we considered retirement, our main
community since 1956, Moffatt and Powell’s priority was to ensure that all employees,
company operates ten RONA stores in various customers, and suppliers continue to be
cities, including London, Mitchell, Strathroy, supported and cared for. It’s because of our Jason Hamburger
Tillsonburg, Atwood, Exeter, Hanover, Seaforth, dedicated employees, past and present, that rejoins Home
Zurich, and now Grand Bend. N&C has grown and thrived while maintaining Hardware
its strong set of principles and cultivating a Jason Hamburger
About RONA family atmosphere.” has been named
Founded in 1939, RONA is a banner of For over 50 years the Livermore family dealer development
Lowe’s Canada, one of Canada’s leading has owned and managed N&C. In that time, manager at Home
home improvement retailers headquartered the company has grown from a small family Hardware Stores
in Boucherville, Quebec. Spanning the entire run operation with a dozen employees to a Ltd. Hamburger was
country, the vast network of more than 360 nationwide company with 200 employees.
RONA stores includes both corporate stores and previously at Home
independent affiliated dealer stores. Known for Leading the management buy-out team is Hardware for 15
its large in-store and online product offering, Morgan Wellens, current Manager of N&C’s years, until he left
RONA also provides expert support and advice Trading Division. “The management buy- in 2017. His last post before rejoining Home
to its retail and professional customers for their out team is honoured to be participating in was as a business development manager at
construction and home improvement projects. the N&C legacy, which is approaching 100 BMR Group.
For more information, visit rona.ca. years. We’re excited to help transition the
organization and position it for the future.” Home Hardware and FlipGive Partner to Help
About Lowe’s Canada The management transition will take- 500 Youth Sports Teams Across Canada
Lowe’s Companies, Inc. (NYSE: LOW) is a place over the next few years and allow N&C Home Hardware, Canada's largest Dealer-
FORTUNE® 50 home improvement company to maintain its current brand recognition and owned hardware, lumber, building materials
serving approximately 19 million customer
transactions a week in the United States and autonomy. All divisions and operating units and furniture home improvement retailer, and
Canada. Lowe’s and its related businesses will continue in their same structure and FlipGive, North America’s leading shopping
operate or service nearly 2,200 home locations. rewards app for teams, have teamed up once
improvement and hardware stores and employ again to help 500 youth sports teams across
over 300,000 associates. Based in Boucherville, About Nicholson & Cates Limited Canada get back in the game.
Quebec, Lowe’s Canadian business, together Founded in 1930 as an independent, Presented by Home Hardware, the Play
with its wholly owned subsidiary RONA inc., family-owned distributor and re-manufacturer More Matching Grant provides youth sports
operates or services some 450 corporate and of lumber and building products. Today, N&C teams with funding so they can continue to
independent affiliate dealer stores in a number operates one of the largest building products play the sports and games they love. In 2022,
of complementary formats under different distribution centers in Ontario along with three the Play More Matching Grant distributed
banners, which include Lowe’s, RONA, Reno-
Depot, and Dick’s Lumber. In Canada, they have lumber milling facilities located in central and $75,000 in funding to youth sports teams
more than 26,000 associates, in addition to eastern Canada. across Canada.
approximately 5,000 employees in the stores N&C distributes some of the most innovative “Home Hardware’s Dealer-Owners have
of independent affiliate dealers operating and renowned building products including: a long-standing history of being passionate
under the RONA banner. For more information, TREX®, James HardieTM, Fraser Wood Siding, and supportive of young athletes in their
visit lowescanada.ca. CertainTeed PVC and more. N&C’s partnerships communities,” said Kevin Macnab, President
and processes reflect its commitment to the and CEO, Home Hardware Stores Limited.

14 LBMAO Reporter - January-February 2023 www.lbmao.on.ca