Metro Inc.
Search results
Oct 2, 2017 · METRO’s existing pharmacy distribution and franchising activities will be combined with those of the Jean Coutu Group which will operate as a stand-alone division of METRO with its own management team led by Mr. François J. Coutu. The combined business will have an overall network of more than 1,300 stores in Canada.
Oct 2, 2017 · METRO gains Jean Coutu Group's iconic brand, extensive network of more than 400 drugstores and state-of-the-art distribution center, providing increased scale and reach, operational...
The Jean Coutu Group (PJC) Inc. is a Canadian drugstore chain headquartered in Varennes, Quebec. It has more than 400 franchised locations in New Brunswick, Ontario and Quebec under the PJC Jean Coutu, PJC Clinique, and PJC Santé banners.
Food and pharmaceutical retailer Metro has completed the previously announced acquisition of Canadian pharmacy retailing firm The Jean Coutu Group in a deal valued at $4.5bn. With the acquisition, which was initially announced in October last year, Jean Coutu Group becomes a wholly-owned subsidiary of Metro, merging all its pharmacy operations.
The Jean Coutu Group, a subsidiary of METRO Inc., oversees METRO's pharmaceutical operations and provides franchise stores with a range of professional and technical support services, as well as supply, warehousing and delivery of pharmaceutical and parapharmaceutical products and consumer goods.
May 9, 2018 · Metro Inc. (TSX:MRU) entered into a combination agreement to acquire The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) for CAD 4.5 billion from Coutu family and affiliated entities on October 2, 2017.
People also ask
Who are Jean Coutu Group shareholders?
What is the deal between Jean Coutu Group & Metro?
Where is Jean Coutu located?
What does Jean Coutu do?
Who is the legal counsel for Jean Coutu Group?
Is Jean Coutu a public company?
Our Montreal, Quebec City, Ottawa, and New York offices advised Metro Inc. ( Metro) on the closing of its previously announced acquisition of The Jean Coutu Group (PJC) Inc. (the Jean Coutu Group) for C$4.5bn (the Transaction).
