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Longo's

full service · Ontario

Ownership

Greater Toronto Area full-service/specialty grocery chain (36 stores at acquisition) including the Grocery Gateway online delivery business. Empire acquired 51% of Longo's (total enterprise value $700 million), completed May 10, 2021; the Longo family retained the remaining 49% interest and continues to lead the business as a separate operation, with put/call options for Empire to acquire the rest over time. No Metro Vancouver presence. [1]

Sources

  1. Empire completes purchase of 51 per cent of Longo's and Grocery Gateway, accelerates growing presence in Ontario — Empire Company Limited (CNW / Newswire)