How much did Metro Buy Adonis for?

In 2011, Metro Inc. acquired a majority stake (55.5%) (CAD$153.8 million) in Marché Adonis.

Is Adonis owned by Metro?

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.

Who owns Metro Ontario Inc?

Metro is the third largest grocer in Canada, after Loblaw Companies Limited and Sobeys. There are 365 namesake locations in Ontario and Quebec….Metro Inc.

Type Public
Operating income CAD$1,683.6 million (2020)
Net income CAD$796.4 million (2020)
Total assets CAD$13,423.9 million (2020)
Total equity CAD$6,155.4 million (2020)

Who owns Adonis store?

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.

What culture is Adonis?

Greek mythology
Adonis was the mortal lover of the goddess Aphrodite in Greek mythology. In Ovid’s first-century AD telling of the myth, he was conceived after Aphrodite cursed his mother Myrrha to lust after her own father, King Cinyras of Cyprus.

Is Adonis halal?

Here, they deal only in halal meat (though the freezer cases do stock some non-halal products, and the deli isn’t exactly short on ham). Whole fish and fresh seafood are proudly displayed on ice at eye level for easy inspection. You can take home your catch raw or have them bake or fry it while you finish shopping.

Is Adonis food halal?

Who is the parent company of Sobeys?

Empire Company
Sobeys/Parent organizations
Sobeys Inc. is a wholly-owned subsidiary of Empire Company Limited, headquartered in Stellarton, Nova Scotia. Sobeys, its franchisees and affiliates employ approximately 123,000 people.

How much is Adonis worth?

Adonis’s revenue is $170 in 2019….Adonis Net Worth 2019.

Month Earnings
November 2019 $13 -$30
December 2019 $9 -$20

Was Adonis a Greek god?

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. According to the most popular belief, he was the son of Theias, king of Syria, and Myrrha (also known as Smyrna), Theias’ daughter.

Who is the most handsome Greek God?

Apollo was considered to be the most handsome of all the gods. He was always depicted as having long, golden hair – the same color as the sun. He was tall and had plenty of muscles.

When did Metro buy a stake in Adonis?

Metro purchased a majority stake — 55 per cent — in Adonis, along with its Phoenicia and Cedar brands, from the company’s founders in 2011. Since then, Adonis, a supermarket chain specializing in Middle Eastern and Mediterranean food, has expanded its presence from 5 to 11 stores.

Who is the owner of the Adonis brand?

The Metro grocery store chain announced Tuesday that it intends to purchase the shares it doesn’t own in the Adonis supermarket brand. Metro purchased a majority stake — 55 per cent — in Adonis, along with its Phoenicia and Cedar brands, from the company’s founders in 2011.

Who is the owner of Marche Adonis in Quebec?

Montreal-based Metro is acquiring a majority stake in Marché Adonis, one of Quebec’s biggest ethnic-food retailers –specializing in Mediterranean fare – in a move to grab a bigger piece of a market that’s expanding by leaps and bounds.

How much did Loblaw buy Adonis in Canada?

Metro, which will buy a 55-per-cent position in Adonis for an undisclosed sum, is the latest to join the trend of retailers buying ethnic supermarkets. Two years ago, Loblaw Cos. Ltd. bought Canada’s biggest Asian food retailer, T Supermarket Inc., for $225-million.