Grocery store retailer Metro has signed a deal to acquire a majority interest in ready-to-cook meal delivery service MissFresh.
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% stake and continue to take an active part in the company’s management.
More to come. Keep checking CanadianGrocer.com for updates…