Metro acquires majority stake in Montreal meal kit service

MissFresh founders will retain a 30% stake in the company

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 for updates...

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