M&A Deal Summary

Sobeys Acquires Achille de la Chevrotière Ltée

On January 1, 2006, Sobeys acquired retailer Achille de la Chevrotière Ltée

Acquisition Highlights
  • This is Sobeys’ 1st transaction in the Retail sector.
  • This is Sobeys’ 2nd transaction in Canada.
  • This is Sobeys’ 1st transaction in Quebec.

M&A Deal Summary
Date 2006-01-01
Target Achille de la Chevrotière Ltée
Sector Retail
Buyer(s) Sobeys
Deal Type Add-on Acquisition

Target

Achille de la Chevrotière Ltée

Rouyn-Noranda, Quebec, Canada
Achille de la Chevrotière Ltée is a retailer of food products. Achille de la Chevrotière Ltée is based in Rouyn-Noranda, Quebec.

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Buyer(S) 1

Buyer

Sobeys

Stellarton, Nova Scotia, Canada
Category Company
Founded 1907
Sector Retail
DESCRIPTION

Sobeys, Inc. is an own and operator of more than 1,500 stores in all 10 provinces under retail banners that include Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, and Lawton’s Drug Stores as well as more than 330 retail fuel locations.

DEAL STATS #
Overall 2 of 4
Sector (Retail) 1 of 3
Type (Add-on Acquisition) 1 of 2
State (Quebec) 1 of 1
Country (Canada) 2 of 3
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-04-01 SERCA Foodservice

Calgary, Alberta, Canada

SERCA Foodservice is a provider in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-16 Thrifty Foods

Stellarton, United Kingdom

Jace Holdings Ltd. is a grocery retailer provides broad range of organic and other innovative food products.

Buy $260M
Mergr

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