Farm Boy was sold to the Canadian food retailer Empire Co Ltd for a total enterprise value of CAD 800 million, and will be set up as a separate company within Empire’s structure.
Farm Boy focuses on a robust private label and fresh food assortment, with an emphasis on local fresh produce, meat and a wide-range of restaurant quality ready-to-eat food prepared in-store.
Our tax and corporate teams, led by Jochem van der Wal and Siobhán McCarthy, combined their expertise in advising Berkshire on this transaction.