Boston firm makes investment in Farm Boy

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From left are Jean-Louis and Normand Bellemare of Farm Boy.

A Boston-based firm is making an investment in a grocery store chain that has roots in Cornwall.

Berkshire Partners has made a "growth equity investment" in Farm Boy - a 13-store grocery chain that began as a small operation on Cumberland Street.

Terms of the investment were not disclosed.

Brothers Jean-Louis, Normand and Daniel Bellemare opened their first store in December, 1981.

Their latest grocery store recently opened in Kingston.

"We are excited to partner with the Bellemare family, CEO Jeff York and the rest of the management team of Farm Boy, and we believe the company is very well positioned for future growth," said Chris Hadley, managing director of Berkshire Partners. "Farm Boy’s stores deliver a unique fresh and friendly shopping experience compared to other food retailers. The company has exacting standards for freshness and quality, which translates into customer value and loyalty."

 

Organizations: Berkshire Partners

Geographic location: Boston, Cornwall, Cumberland Street Kingston

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  • Rene. Nadeau
    August 17, 2013 - 10:23

    Congradulation to the Bellemare family we shop their for many years and was friends with the bellemars .very nice people and down to earth good workers once again happy retirement to jean Louis collette and norm they deserve it Rene and Laurette nadeau