Empire Company Completes Purchase of Farm Boy - Ontario's Best-in-Class Food Retailer
Empire Company Limited ("Empire" or the "Company") (TSX: EMP.A) announced today that it has completed its purchase of Farm Boy, one of the most exciting, fastest growing and successful food retailers in the country. All closing conditions, including receipt of a no-action letter from the Competition Bureau, have been satisfied.
"We are thrilled to officially team up with Farm Boy," said Michael Medline, President and CEO of Empire. "They have an incredible brand, great stores and customer service, and a superb leadership team. Founder and co-CEO Jean-Louis Bellemare and co–CEO Jeff York will remain investors in the company and will continue in their roles for the long term ...
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