:. Food Industry News

Categories: Mergers and Acquisitions

Loblaw Completes Acquisition of T&T Supermarket, Canada's Largest Asian Food Retailer

Source: Loblaw Companies Limited
29/09/2009

Brampton, ON, Sept. 28 - Loblaw Companies Limited announced today that its subsidiary, Loblaws Inc., completed the acquisition of T&T Supermarket Inc., which was previously announced on July 24, 2009.

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About Loblaw Companies Limited

Loblaw Companies Limited ("Loblaw"), a subsidiary of George Weston Limited, is Canada's largest food distributor and a leading provider of drugstore, general merchandise and financial products and services. Loblaw is one of the largest private sector employers in Canada. With more than 1,000 corporate and franchised stores from coast to coast, Loblaw and its franchisees employ over 139,000 full-time and part-time employees. Loblaw banners include: Loblaws, Loblaw Great Food, Zehrs, Zehrs Great Food, Fortinos, Real Canadian Superstore, Loblaw Superstore, valu-mart, Your Independent Grocer, Atlantic Superstore, Maxi, Maxi & Cie, no frills, Provigo, Extra Foods and more. Through its portfolio of store formats, Loblaw is committed to providing Canadians with a wide, growing and successful range of products and services to meet the everyday household demands of Canadian consumers. Loblaw is known for the quality, innovation and value of its food offering. It offers Canada's strongest control (private) label program, including the unique President's Choice(R), no name(R) and Joe Fresh Style(R)brands. In addition, the Company makes available to consumers President's Choice Financial(R) services and offers the PC(R) points loyalty program.

About T&T Supermarket

T&T Supermarket Inc. ("T&T"), headquartered in Richmond, British Columbia, is Canada's largest Asian food retailer with 17 stores throughout the country. T&T strives to provide Asian families with their favourite and familiar foods, while introducing the wide variety of Asian cuisine to Canada's multicultural society. T&T's core value is freshness, delivered through signature departments such as its in-house bakery, live seafood department, Asian gourmet deli, and an immense selection of fresh produce and grocery items from around the world.



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