Canadian grocery retailer Longo Brothers Fruit Markets has announced the acquisition of online retailer Grocery Gateway.
Go deeper with GlobalData
Family-run Longo’s began to offer online grocery ordering for customers in Ontario through a partnership with Grocery Gateway in 1999.
“A key initiative in our strategic plan for 2004 was the expansion of our business by enabling customers to shop online directly with Longo’s. The acquisition of Grocery Gateway’s business accelerates these plans and allows us to bring the Longo’s experience to the doorsteps of customers right across the Greater Toronto Area,” said Anthony Longo, president and CEO of Longo’s.
Under the terms of the transaction, Longo’s said it will begin to operate the Grocery Gateway business immediately, and will ultimately acquire Grocery Gateway’s business.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
