Metro Inc.
Search results
People also ask
Who owns the Jean Coutu Group?
What does Jean Coutu do?
Did Metro buy Jean Coutu Group?
When did Jean Coutu start a franchise?
Who is the new president of Jean Coutu Group?
How many Jean Coutu stores are there in Quebec?
The company was co-founded in 1969 by Jean Coutu and Louis Michaud, as a pharmacy in the east end of Montreal. The company became incorporated in 1973 under the name Services Farmico, enticed by the five branches already set up in Montreal.
2 days ago · Coutu, who was chief executive until 2002 and then again from 2005 to 2007, grew The Jean Coutu Group by acquiring many of his competitors.
- Chairman
May 11, 2018 · Montréal, May 11, 2018 — METRO INC. (“METRO”) (TSX: MRU) announced today that it has completed the acquisition of The Jean Coutu Group (PJC) Inc. (the “Jean Coutu Group”). With this acquisition, the Jean Coutu Group becomes a wholly owned subsidiary of METRO, combining all its pharmacy operations.
The Jean Coutu Group incorporated under its legal name, Services Farmico. The success of the five "Jean Coutu Discount Pharmacies" prompts the establishment of a franchise system.
Aug 17, 2022 · Mr. Luc Maurice, Founder and President of Le Groupe Maurice, signals the appointment of Mr. Alain Champagne as the President and Chief Executive Officer of the company. Mr. Champagne, currently president of the Jean Coutu Group, will assume his new position in October.
Jun 7, 2007 · In 1980, Jean Coutu bought his partner out and became the sole owner of the Jean Coutu Group. In 1982, there were approximately 60 franchised Jean Coutu stores across Quebec. The first Jean Coutu drugstores located outside the province opened in New Brunswick in 1982 and Ontario in 1983.
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.
