Add-on acquisition Closed Dec 2010
Noble (Rona subsidiary) acquires MPH Supply and Better Bathrooms in BC
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Summary
Noble, a subsidiary of distributor Rona Inc., acquired the assets of plumbing distributor MPH Supply Ltd. and related retailer Better Bathrooms Ltd. (~$15M sales) to enter the western Canada specialty plumbing market. The article frames this as part of Rona's national platform strategy and its fifth acquisition of the year for its Commercial and Professional Market division.