Thursday, August 27th19.7°C
27214
26033

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




Recent Trending




Today's Market
S&P TSX13766.67+385.08
S&P CDNX545.55+15.85
DJIA16654.77+369.26
Nasdaq4812.71+115.17
S&P 5001987.66+47.15
CDN Dollar0.7581+0.0008
Gold1119.50-5.10
Oil43.05+0.49
Lumber240.80-6.10
Natural Gas2.676+0.012

 
Okanagan Companies
Pacific Safety0.165+0.005
Knighthawk0.010.00
QHR Technologies Inc1.24+0.05
Cantex0.04-0.01
Anavex Life Sciences1.35+0.00
Metalex Ventures0.055+0.000
Russel Metals20.98+1.54
Copper Mountain Mining0.65+0.06
Colorado Resources0.075-0.005
ReliaBrand Inc0.004-0.000
Sunrise Resources Ltd0.025+0.005
Mission Ready Services0.07+0.01
Decisive Dividend Corp2.61-0.12

 



26764

FEATURED Property
2275066134 2035 Boucherie rd
3 bedrooms 2 baths
$184,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Agree to ask questions

Photo: Thinkstock.comThe STORY: I think, said Janet to herself, that I just figured out a solution to my problem of letting the prospect run the meeting.With that thought in mind, she got out of her c...


Your business is not a bank

Photo: Thinkstock.comYour plumbing business is not a bank. But when you are giving terms to customers that exceed what you get from your suppliers, you become one. And every time that someone does not...


Begin with the end in mind

Photo: ContributedWe humans love our dates: birthdays, anniversaries, 9/11, the Ides of March - our lives are intimately woven within the tapestry of the calendar. So it should come as no surprise whe...

_



27299

27298


Member of BC Press Council


26780