Announcement

Sobeys’ Owner Empire Acquires Farm Boy for $800 Million

Davies acted as counsel to Berkshire Partners in the $800-million sale of food retailer Farm Boy Inc. to Empire Company Limited.

Under the deal, Farm Boy has been set up as a separate company within Empire’s structure with the goal of accelerating its growth in urban and suburban markets. Farm Boy’s co-CEOs, together with members of the company’s senior management team, have reinvested for a 12% interest of the continuing Farm Boy business.

The Davies team on this transaction included Cam Rusaw, Patrick Barry, Marc Pontone, Jonathan Bilyk, Adam Fanaki, David Feldman and Paul Lamarre.

Related

Canadian Competition Bureau Sends Year-End Tidings of Merger Filings

Dec. 23, 2019 - In his own version of the pre-holiday rush, the Canadian Commissioner of Competition has in the last several days challenged one merger transaction and entered into a consent agreement to preserve assets pending his review of another. The Commissioner’s latest actions reflect and reinforce the...