Raymond Chabot Grant Thornton acted as exclusive financial advisor to Mayrand Food Group.
Our business sales, acquisitions and financing team is proud to have supported Mayrand Food Group in this landmark transaction, ensuring the continuation and future development of one of Québec’s most recognized food retail banners.
Founded in 1914, Mayrand has served Québec consumers and foodservice professionals for more than 110 years. Through its distinctive warehouse-style retail model, the company has built a strong reputation for offering an extensive product assortment, competitive pricing and a differentiated value proposition serving both households and foodservice professionals. Today, Mayrand operates four large-format stores located in Anjou, Laval, Brossard and Saint‑Jérôme.
Over the years, Mayrand has established itself as a trusted destination for restaurants, caterers, institutions and consumers alike. Its strong Québec roots, loyal customer base and differentiated positioning have enabled the company to maintain a unique presence within the province’s food retail landscape.
This transaction represents an important milestone in Mayrand’s history and positions the company for its next phase of growth under the ownership of one of Canada’s leading food retail organizations. Empire has indicated its intention to maintain and grow the Mayrand banner as a distinct brand, building on its reputation for quality, value and product depth.
Empire Company Limited is one of Canada’s leading food retail companies and operates a diversified portfolio of grocery banners across the country through its subsidiary Sobeys Inc. The transaction highlights the value of established Québec brands with strong customer loyalty, differentiated market positioning and long-standing community roots.
