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.


Small Mergers Loom Large on Canadian Competition Bureau’s Radar

Sept. 30, 2019 - Canada’s Competition Bureau is actively seeking and reviewing smaller acquisitions that may not exceed pre-merger notification thresholds under the Competition Act but that may nonetheless raise substantive competition issues. The Bureau’s demonstrated interest in evaluating smaller mergers...