About Us

History

Metro from 1947 to the present

The leadership and tenacity of its members and executives have allowed Metro to foster its growth through mergers, acquisitions and innovations. Today, it is an acknowledged leader in the Canadian food industry.

Magasins Lasalle Stores ltée.

1947

A few independent grocery retailers decided to form a buying group that would enable them to offer its customers products at prices comparable to those of major food chains.

Le groupe des épiciers Metro

1956

The “groupe des épiciers Metro” is founded, a division of Les Épiceries Lasalle Groceteria ltée. The new sign appears out front.

Marchés d'Aliments Metro ltée.

1972

25 years after it was founded, the company becomes les Marchés d'Aliments Metro ltée. The first stores offering the supermarket concept are created.

Montreal Stock Exchange

1986

In 1985,  the shareholders of Groupe des Épiciers Unis Metro-Richelieu Inc. unanimously agree to convert their advances into capital stock. One year later, they approve a Board of Directors proposal to list the Company, which has now become Metro-Richelieu Inc., at the Montreal Stock Exchange. An initial public offering is launched in November 1986.

McMahon Distributeur Pharmaceutique Inc.

1986

The purchase of McMahon Distributeur Pharmaceutique Inc. takes the Company into the pharmaceutical distribution sector.

La Ferme Carnaval

1987

Metro-Richelieu Inc. acquires La Ferme Carnaval Inc., which owns 14 Super Carnaval outlets, thereby achieving a major breakthrough in the discount food store segment.

Steinberg

1992

In 1992, Metro-Richelieu Inc. concludes a major transaction that further strengthens its presence in the Greater Montreal area: it acquires the leases and rights to 48 Steinberg grocery stores.

Loeb

1999

In June 1999, Metro acquires the Loeb banner along with its two warehouses in Ottawa and a network of 41 supermarkets in Eastern and Northeastern Ontario.

A & P Canada

2005

In August 2005, Metro purchases all the shares of The Great Atlantic & Pacific Company of Canada (A & P Canada) for $1.7 billion. This acquisition places Metro second in terms of market share in each of the two largest Canadian markets, with 35% in Quebec and 24% in Ontario.

GP

2009

Metro acquires 15 GP food stores in September 2009, consolidating its position in Eastern Quebec. These stores were owned by a family business founded 50 years before, and with which Metro had had a 40-year long association.

Marché Adonis

2011

In October 2011, Metro announced that it had entered into a partnership agreement with Marché Adonis, a well established ethnic food retailer in the Montreal region specializing in fresh and Mediterranean products and prepared meals. Under this partnership, Metro now holds a 55% interest in Marché Adonis and in its distributor Phoenicia Products.

Première Moisson

2014

In order to differentiate itself with a broader selection of premium bakery products, Metro announced on June 10, 2014, a partnership agreement with Première Moisson bakery. The founding Colpron-Fiset family will retain 25% of Première Moisson's capital.