RONA B.H. Allen announces the acquisition of a new store in Powell River, B.C.
Boucherville, QC – December 10, 2018 – RONA is proud to announce that its RONA B.H. Allen affiliated dealer celebrated yesterday the acquisition of a second RONA store, located at 4750 Joyce Avenue in Powell River, British Columbia.
Owned by Pat Hull and his partners since 2003, Powell River Building Supply was founded in the 1970’s and has been operating under the RONA banner since 2007. It employs more than 50 people and features a total retail area of 27,000 sq. ft. as well as indoor and outdoor lumber yard. In addition to the many services already available, the new owners will add an outdoor living department and renovate the building materials, flooring, and seasonal departments to expand the product selection available. Their plans include the update of the kitchens and doors & windows showrooms to better meet customers’ needs.
“We had been looking to expand for a few years and acquiring Powell River Building Supply was the perfect opportunity for us to grow our business. We are grateful for the confidence that Pat Hull has placed in us by choosing to entrust us with his business. We are thrilled that he agreed to stay on board as our Interim Manager over the next year to help with the transition,” remarked the Allens, new owners of RONA Powell River. “This store counts on committed and passionate employees who have built solid business relationships with hundreds of loyal customers in the area. We are convinced it will be a great addition to our business.”
“In today’s market, it has become increasingly difficult for existing businesses to establish a succession and exit plan. There isn’t always a family member ready and willing to take over when that time comes,” added Pat Hull, former owner of Powell River Building Supply. “I am thankful I was part of a strong network that allowed me to connect with and count on fellow RONA dealers, and especially the Allen family. I know that the business I spent the past 15 years building is in good hands with them.”
“It’s always a pleasure to see our dealers working together and supporting each other. I think this is something that sets our dealer network apart,” explained Philippe Element, Vice-President, RONA & Ace, Sales and Dealer Support. “I am thrilled with the Allens’ decision to acquire Powell River Building Supply from Pat. Not only are they great ambassadors of the RONA brand, but they have also been providing outstanding service and value to their North Vancouver customers for many years now, and I know Powell River shoppers can expect the same exceptional customer experience they have grown accustomed to under the previous leadership.”