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Peninsula Co-op inks deal to buy Metro Liquor store

Co-operative looks to establish itself as a 'meaningful' player in the retail liquor space
Jillian Morgan, female, digital editor for Canadian Grocer
liquor store
Deal is expected to close mid-April.

Peninsula Co-op has acquired a Metro Liquor store in Vancouver Island’s Brentwood Bay community.

The deal, slated for completion in mid-April, is part of the Victoria, B.C.-based co-operative’s strategy to establish itself as a "meaningful" player in the retail liquor space.

"We're not simply adding another liquor store to our portfolio; we're strategically selecting and integrating stores that align with our long-term vision. A comprehensive roll-up strategy, which will see us rebrand and reposition our acquired brands under a new, distinct identity, will be unveiled in the coming months," said Corey Gillon, CEO of Peninsula Co-op, in a release.

Peninsula Co-op acquired  seven Liquor Express locations in September 2023.

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