M&A Deal Summary |
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|---|---|
| Date | 2017-10-02 |
| Target | The Jean Coutu Group |
| Sector | Retail |
| Buyer(s) | Metro |
| Deal Type | Add-on Acquisition |
| Deal Value | 4.5B USD |
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Metro is a food retailer operating in the Canadian provinces of Quebec and Ontario. Metro is the only major Canadian food distribution company to have its head office in Quebec. Along with its affiliates and franchisees, METRO INC. employs in Quebec and Ontario over 65,000 people, whose mission is to exceed their customers’ expectations every day to earn their-long term loyalty. METRO INC. operates a network of almost 600 food stores under several banners including Metro, Metro Plus, Super C and Food Basics, as well as over 250 drugstores under the Brunet, Metro Pharmacy and Drug Basics banners. Metro was incorporated in 1947 and is based in Montreal, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Retail) | 1 of 1 |
| Type (Add-on Acquisition) | 2 of 2 |
| State (Quebec) | 3 of 3 |
| Country (Canada) | 3 of 3 |
| Year (2017) | 2 of 2 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-08-01 |
MissFresh
Montréal, Quebec, Canada MissFresh, Inc. is a Montreal company specializing in the delivery of ready-to-cook meals. Founded in Montreal in 2015 by Marie-Eve Prevost, Bernard Prevost, and Ritter Huang, three passionate entrepreneurs, MissFresh is a Canadian company that meets a growing demand from families and professionals who want to eat healthy and balanced foods, but who have little time for shopping and preparing meals. |
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