October 8, 2019

Metro acquires majority stake in readytocook meal service MissFresh

MONTREAL — Grocery store retailer Metro Inc. (TSX:MRU) has signed a deal to acquire a majority interest in ready-to-cook meal delivery service MissFresh Inc.Financial terms of the agreement were not immediately available.MissFresh was started in Montreal in 2015 by Marie-Eve Prevost, Bernard Prevost and Ritter Huang.Metro says MissFresh’s three co-founders will retain a 30 per cent stake and continue to take an active part in the company’s management.

Read more