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News Center Press Releases 2008 May 27, 2008
Press Releases 2008
May 27, 2008 - Metro Richelieu Inc. Has Concluded an Agreement to Take Over the Supermarché G.F. Labonté Inc. of Sainte-Marie de Beauce

(Montréal, May 27 2008) – Metro Richelieu Inc. announced today that an agreement has been reached with the Labonté family for the acquisition of their supermarket, G.F. Labonté Inc., located in Sainte-Marie-de-Beauce.

« We are very happy with the settlement with Metro Richelieu Inc. which will permit to maintain the Labonté family’s excellence tradition in Sainte-Marie-de-Beauce and we wish to thank our faithful clientele, » mentioned Armelle Labonté, president of the Metro Labonté.

« It is very important for Metro Richelieu Inc. to maintain the Metro banner in Sainte-Marie-de-Beauce and to continue with the supermarket operations to ensure the continuity of the Labonté family’s well established reputation since 53 years in the area », commented Mr. Jean Quenneville, Vice-President, Franchisee Operations of Metro Richelieu Inc.

METRO INC.
With annual sales of nearly $11 billion and over 65,000 employees, METRO INC. is a leader in the food and pharmaceutical sectors in Quebec and Ontario, where it operates a network of close to 600 food stores under the Metro, Metro Plus, Super C, A&P, Dominion, Loeb and Food Basics banners as well as over 250 pharmacies under the Brunet, Clini Plus, The Pharmacy and Drug Basics banners.


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SOURCE : METRO INC.

INFORMATION : Marie-Claude Bacon
Director, Corporate Affair Department
METRO INC.
514-643-1086 or 1-800-361-4681 x 1086
mbacon@metro.ca

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