Sobeys Parent Empire to Buy Nine Morelli's Pharmacies in Ontario
- Empire Co. Ltd., the parent company of Sobeys, is acquiring nine Morelli's pharmacies located within grocery stores in the Greater Toronto Area and Hamilton, Ontario.
- These pharmacies will be rebranded as Longo's Pharmacy and integrated into Sobeys National Pharmacy operations.
- The purchase price has not been disclosed, and the acquisition requires approvals from the Ontario College of Pharmacists.
- The acquisition is expected to close in the second quarter of fiscal year 2027 as part of Empire's plans to expand under CEO Pierre St-Laurent.
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Sobeys parent Empire to buy nine Morelli’s pharmacies in Ontario
STELLARTON - Sobeys parent company Empire Co. Ltd. says it is buying nine Morelli's pharmacies in Ontario that are already situated within some Longo's grocery stores.
Empire Company Limited reaches agreement to acquire nine Morelli’s pharmacies in Ontario - CanadianSME Small Business Magazine
Each pharmacy to be rebranded as Longo’s Pharmacy and integrated into Sobeys National Pharmacy operations Empire Company Limited and its wholly-owned subsidiary Sobeys Inc. (“Empire” or the “Company”) (TSX: EMP.A) today announced that it has entered into an agreement to acquire nine Morelli’s pharmacies co-located in Longo’s grocery stores in Ontario. Each of the nine pharmacies will be integrated into Sobeys National Pharmacy operations and wil…
Sobeys parent Empire to buy nine Morelli’s pharmacies in Ontario – 105.9 The Region
STELLARTON — Sobeys parent company Empire Co. Ltd. says it is buying nine Morelli’s pharmacies in Ontario that are already situated within some Longo’s grocery stores. It says each of those pharmacies will be integrated into Sobeys National Pharmacy operations and will be rebranded as a Longo’s Pharmacy. All nine pharmacies are located in the Greater Toronto Area and Hamilton. The company did not share the cost of acquisition. Empire has set pla…
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