How much did Metro Buy Adonis for?
How much did Metro Buy Adonis for?
CAD$153.8 million
The company is based in Montreal, Quebec. In 2011, Metro Inc. acquired a majority stake (55.5%) (CAD$153.8 million) in Marché Adonis.
Who owns Adonis Mississauga?
Metro Inc.
Three Lebanese immigrants, Jimmy and Elie Cheaib and George Ghorayeb, in Montreal, founded Adonis in 1979. In 2011, Metro Inc. bought a 55 per cent stake in the chain. Adonis management continues to run the company.
Does Loblaws own Adonis?
Text: MONTREAL- Well-known Montreal ethnic food retailer Marche Adonis is now part of the Metro supermarket chain. Metro, which runs a chain of supermarkets in Quebec and Ontario, purchased a 55-per-cent interest in the Adonis operation, which includes its distributor Phoenicia Products.
Which country is Adonis?
1976: From the land of cedars to “la belle province” In 1976 brothers, Elie and Jamil Cheaib arrived in Montreal with their friend Georges Ghrayeb. Originally, from Damour, a coastal town in Lebanon, they are entrepreneurs at heart and certainly have a good head for business.
How many Adonis stores are in Ontario?
After four months of work, Adonis has opened its third store in Ontario and second in Mississauga.
When did Adonis Open in Ottawa?
Eight of the stores have opened since Adonis partnered with Metro in 2011. The 41,000 sq ft store is staffed by approximately 150 employees and offers the multicultural shopping experience typical of the Adonis brand.
How many stores does Adonis have in Canada?
What means Adonis?
a very handsome young man
Definition of Adonis 1 : a youth loved by Aphrodite who is killed at hunting by a wild boar and restored to Aphrodite from Hades for a part of each year. 2 : a very handsome young man.
Who owns IGA in Quebec?
Sobeys
In Canada (apart from British Columbia), IGA is a group of independent grocers supplied by Sobeys, which franchises the name. Acquired by Sobeys as part of its purchase of the Oshawa Group Ltd., it now operates primarily in Quebec.
Is Adonis Greek or Lebanese?
In Greek mythology, Adonis was the god of beauty and desire. Originally, he was a god worshipped in the area of Phoenicia (modern – day Lebanon), but was later adopted by the Greeks.
How many Adonis are there?
Since then, Adonis, a supermarket chain specializing in Middle Eastern and Mediterranean food, has expanded its presence from 5 to 11 stores.
What kind of store is Adonis?
Shopping for your groceries in ADONIS supermarkets is an experience in itself. Visit our supermarkets, inspired by Middle Eastern, Lebanese, and Mediterranean influences.