Rona takeover may affect North Okanagan company
ENDERBY, B.C. — At least one Okanagan business will be watching to $3.2 billion dollar takeover of Rona by U.S. based Lowe’s.
North Enderby Timber has been the main supplier nationally to Rona for all it’s cedar wood products for a number of years.
NET Vice-President Sean Poggemoeller says Lowe’s has been eyeing this takeover for the past six years.
“I don’t think it will make really too much of a difference to the Rona stores in the end, especially out here in the west. Slap any name on it, it won’t make any difference, as long as you get the service and the right price. That’s what people go for.”