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Marché Adonis is a supermarket chain operating in the Canadian provinces of Quebec and Ontario. The company is based in Montreal, Quebec. In 2011, Metro Inc. acquired a majority stake (55.5%) (CAD$153.8 million) in Marché Adonis. [1]
In Lebanon, the Cheaib family owned a business in their small village, about twenty kilometers from Beirut, in addition to operating a farm where they grew bananas, oranges and onions. From a young age, the nine children in the family had learned to work hard.
Oct 7, 2019 · They took the massive store and opened another Adonis branch. With such massive success, Marché Adonis became classified as “One of Quebec’s biggest ethnic food retailers specializing in Mediterranean food,” employing thousands of employees, and recording by 2011 CAD$73 million in sales.
May 17, 2021 · Metro acquired a majority stake of 55% in the group but the agreement stated Elie Cheaib, Jamil Cheaib and Georges Ghrayeb continue to manage ADONIS independently in order to maintain the family business philosophy established. In 2017, Metro completed the acquisition of Adonis.
Oct 27, 2011 · Canadian grocery retailer Metro Inc has acquired a majority share in food retailer Marché Adonis. Under the partnership announced yesterday (26 October), Metro holds a 55% stake in Marché Adonis...
Feb 5, 2024 · Grocery Business toured Adonis’ flagship Ontario store on Ashtonbee Road in Toronto. We sat down with Éric Provost, Adonis vice president and general manager, to learn about expansion plans on the horizon for the Mediterranean market as it celebrates its 45th anniversary in 2023.
Oct 10, 2015 · Adonis’s roots as an ethnic grocer go back to 1979 when it was founded by Lebanese brothers Elie and Jamil Cheaib and their friend, Georges Ghrayeb.
