Weil is advising Farm Boy, a portfolio company of Berkshire Partners and one of the fastest-growing and successful food retailers in Canada, in its sale to Empire Company Limited (Empire). Empire, through a subsidiary, will acquire Farm Boy from Berkshire Partners and Farm Boy’s management shareholders based on a total enterprise value of $800 million. The transaction is expected to close at the beginning of 2019, subject to customary closing conditions.
Weil advised Berkshire in its investment in Farm Boy in 2012.
The Weil team advising Berkshire is led by Private Equity partner Shayla Harlev and includes Private Equity associates Jakub Wronski, Adam Borenstein and Nathaniel Moore; Banking & Finance partner Andrew Yoon; Tax partner Mark Schwed; Private Equity Executive Compensation & Benefits Head Michael Nissan; Environmental Head Annemargaret Connolly; Tax associate Emily Cusick (Not Yet Admitted in New York); Executive Compensation & Benefits associate Amanda Rosenblum; and Banking & Finance associate Alice Pang.