The Empire Company is a holdings company in Canada, They are also a conglomerate, which is a company that owns many businesses across many industries.
History
The Empire Company was founded in February of 1963. Their first acquisition was in 1976, when they purchased Lawtons Drugs. As Empire continued to grow, they had an even larger purchase when they partially acquired Sobeys in 1981. The year after, they became a public company on the Toronto Stock Exchange. By 1987, they had full ownership of Sobeys.
Throughout the years, Empire Company continued to grow and add more companies to their itinerary. Eventually, they became a conglomerate due to all of the companies they now owned.
Subsidiaries
Current
- Lawtons Drugs (1976-Present)
- Sobeys (1987-1998; 2007-Present)
- Atlantic Shopping Centres, Now Crombie REIT (1989-Present)
- Oshawa Group (1998-Present)
- Thrifty Foods (2007-Present)
- Atlantic Canadian Shell gas station locations (2011-Present)
- Safeway Canada (2013-Present)
- Farm Boy (2018-Present)
Former
- Empire Theatres (1987-2013, sold-off to various cinema chains)
- Provigo (1988-2000, this was only 25% of the company, they decided to sell it off)
- Commisso's Food Markets (2004, all stores were closed or turned into Sobeys)
- Hannaford (1983-2000, this was only 25% and they decided to sell it off)
Empire Company
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| Current Subsidiaries CO-OP Atlantic | Crombie REIT | Farm Boy | Foodland | Freshco | IGA Canada | Lawtons Drugs | Longo's | Needs | Safeway (Canada) | Shell (Only in Eastern Canada) | Sobeys | Thrifty Foods Former Subsidiaries
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