Friday, May 29th13.5°C
26383
24291

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

26404


Recent Trending




Today's Market
S&P TSX15107.00-3.47
S&P CDNX692.16+1.54
DJIA18126.12-36.87
Nasdaq5097.98-8.62
S&P 5002120.79-2.69
CDN Dollar0.8028-0.0018
Gold1187.40-16.90
Oil59.27+0.90
Lumber274.40+1.90
Natural Gas2.81-0.01

 
Okanagan Companies
Pacific Safety0.14+0.01
Knighthawk0.010.00
QHR Technologies Inc1.48-0.02
Cantex0.03-0.01
Anavex Life Sciences0.40-0.02
Metalex Ventures0.07-0.01
Russel Metals25.20-0.31
Copper Mountain Mining1.30+0.02
Colorado Resources0.10-0.01
ReliaBrand Inc0.0129-0.0010
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.15-0.00
Decisive Dividend Corporation2.10+0.16

 



26255

FEATURED Property
22899561702 Lynrick Road, kelowna
5 bedrooms 3 baths
$409,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Yard sale pricing

Photo: Thinkstock.comI have deliberately abridged this household tips article to illustrate pricing strategies. "Tips For Pricing Yard Sale Items” was written by Lynnette Walczak, and publi...


What's a robo-advisor?

Photo: ContributedIt can only be attributable to human error. -Hal, 2001: A Space Odyssey For most of us who are within thinking distance of retirement, the term “robo” conjures up image...


Cash stressed seniors

Photo: Thinkstock.comFor many Canadian homeowners, their house represents the biggest portion of their net worth. Now, increasing numbers of seniors are starting to recognize the hidden value of their...

_



26363

25482


Member of BC Press Council


25690