Tuesday, March 3rd-9.7°C
25405
23943

Private equity firm Searchlight Capital buys frozen food retailer M&M Meat Shops

TORONTO - Searchlight Capital Partners said Wednesday that together with its partners it has bought frozen food retailer M&M Meat Shops Ltd.

Financial terms of the deal were not immediately available.

Searchlight also announced the appointment of Andy O'Brien as chief executive and Sam Florio as chief financial officer of the retailer.

O'Brien was most recently the chief executive of the Works Gourmet Burger Bistro chain, while Florio was formerly the vice-president of finance and business planning at Cara Operations Ltd.

M&M was founded in 1980 by Mac Voisin, who will remain an adviser to the company.

"Canadians love and trust M&M Meat Shops because they can count on the quality and convenience of its products. I am confident that the new team will continue to ensure that the brand remains a Canadian favourite," Voisin said.

M&M, based in Kitchener, Ont., has roughly 400 shops across Canada.

The Canadian Press


Read more Business News

25194


Recent Trending




Today's Market
S&P TSX15264.05+29.71
S&P CDNX704.30-2.43
DJIA18288.63+155.93
Nasdaq5008.096+44.568
S&P 5002117.39+12.89
CDN Dollar0.7994+0.0019
Gold1220.40+7.80
Oil51.59-0.55
Lumber298.40-1.10
Natural Gas2.699-0.035

 
Okanagan Companies
Pacific Safety0.135+0.015
Knighthawk0.010.00
QHR Technologies Inc1.60+0.05
Cantex0.035-0.005
Anavex Life Sciences0.18-0.01
Metalex Ventures0.045+0.01
Russel Metals25.54+0.16
Copper Mountain Mining1.29-0.01
Colorado Resources0.135-0.015
ReliaBrand Inc0.008-0.0007
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.225-0.01

 



25103

FEATURED Property
2191551#301 255 Aurora Crescent
2 bedrooms 2 baths
$199,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Refinance your mortgage?

Canadian Mortgage rates are low and could be dropping down in time for the spring market following a drop in the Bank of Canada Rate on January 21 by 1/4% which will save new buyers and those with mo...


Creating your retirement vision

A vision means different things to different people. To the head of a large corporation, it’s the ability to chart a course that will deliver success (think Steve Jobs and Apple), to a shaman, i...


Are you asking the right questions?

Have you ever had this happen to you? You are in the middle of your second or third good discussion with a prospect and everything seems to be going great. The prospect seems engaged and happy to work...

_








Member of BC Press Council


24681