GATINEAU (Québec), Competition Bureau
The Competition Bureau has entered into a consent agreement with RONA Inc. to address competition concerns related to its proposed acquisition of All-Fab Building Components.
A Bureau review concluded that the proposed transaction would likely result in a substantial lessening of competition in the design, supply and manufacturing of roof and floor trusses used in housing construction in the Saskatoon, Saskatchewan area. Specifically, the Bureau found that the loss of rivalry between Rona and All-Fab would likely result in higher prices and fewer options for customers in the area.
To resolve the Bureau's concerns, Rona has agreed to sell a truss manufacturing facility that it owns in Martensville, Saskatchewan. The sale will be made to an independent purchaser to be approved by the Commissioner of Competition.
The Bureau is satisfied that the sale will resolve the competition concerns that could result from the proposed transaction.
The complete consent agreement is available on the website of the Competition Tribunal.
