Concord National and Indigo Natural Products, two of Canada’s fastest-growing food brokers in the conventional and natural products markets, have strategically aligned. Concord and Indigo will form the new Concord National LLP. A restructured executive team will see Tony Luongo assume the role of President of the company. Luongo has been a leader in the […]
A significant Canadian grocery shake-up is on the cards. Nova Scotia-based chain Sobeys’ parent company, Empire, has agreed to buy the 51 per cent majority stake in independent Ontario grocery chain Longo’s in a deal worth $357 million. The deal, which would also see Empire acquire Longo’s online service Grocery Gateway, will add the business’ […]
Press release Cara Operations Limited (“Cara”), Keg Restaurants Ltd. (“KRL”) and The Keg Royalties Income Fund (the “Fund”) are pleased to announce that Cara and KRL have agreed to merge pursuant to the terms of a binding letter of intent. Vancouver-based KRL is the owner/operator and franchisor of casual dining steakhouse restaurants operating under the […]
Press release Arby’s Restaurant Group, Inc. (“ARG”) and Buffalo Wild Wings, Inc. (Nasdaq: BWLD) (“BWW”) today announced that the companies have entered into a definitive merger agreement under which ARG will acquire BWLD for $157 per share in cash, in a transaction valued at approximately $2.9 billion, including BWW’s net debt. The agreement, which has […]
