Have You Heard…….

BMR Group, a hardware and home renovations buying group, and Lefebvre & Benoit, one of the largest distributors of construction materials in Quebec, have reached an agreement in which BMR Group acquires a stake in Lefebvre & Benoit.  Both driven by the goal of pan-Canadian expansion, the two companies expect to benefit from their complementary expertise to enhance their respective offerings and strengthen their leadership in the hardware and construction materials sectors.  A subsidiary of La Coop fédérée, BMR Groupe includes 310 home renovation centres and hardware stores in Quebec, Ontario, and the Maritime provinces.   "We are all very excited about this transaction with BMR Group,” said Alexandre Lefebvre, Co-Owner of Lefebvre & Benoit.  “Firstly, it was very important for us to partner with a Canadian company, as it would allow us to keep our jobs, facilities, and headquarters here in Canada. Secondly, more than 60 years after Lefebvre & Benoit foundation, we wanted to join forces with a solid partner that would help us go even further. Although we are the third generation of Lefebvre at the helm of the business, we have never lost the family's ambition and fervently wish to see Lefebvre & Benoit's continued prosperity. We believe that BMR Group is the ideal partner to make it happen." (Lefebvre & Benoit – 514/381-7456 www.lefebvrebenoit.com) & (BMR Group Inc. – 833/227-2220 www.bmr-legroupe.com)..........

GoodLife Fitness is now the official fitness club for the Winnipeg Blue Bombers CFL team. The three-year agreement includes a presenting sponsorship for one home game per season, opportunities to enhance the fan experience at IG Field for each home game and more. The Blue Bombers Cheer & Dance Team will also host practices and training camps at GoodLife facilities.  "We're thrilled with our new three-year partnership with GoodLife Fitness, and look forward to working together to provide our fans with new and exciting game day activations," said Blue Bombers President, CEO, Wade Miller.   GoodLife opened its first Winnipeg Club in 2004 and now has seven facilities Winnipeg and another in Brandon. In June, the company announced a $30 million investment in the city of Winnipeg that will include two brand-new clubs and an upgraded downtown facility that will be relocated to the 300 Main building.  A new 60,000-square foot facility, one of GoodLife's largest in Canada, is under construction in the Refinery District at Bishop Grandin Blvd. and Waverley St. The co-ed club is scheduled to open in Winter 2019, in advance of the new downtown location in Spring 2020 and a 27,000-square foot instalment in St. Vital in Summer 2020. (GoodLife Fitness – 800/387-2524 www.goodlifefitness.com)........

New York-based Randa Accessories has moved into the apparel side of the business with the acquisition of Haggar Clothing, the 93-year old Dallas-based apparel brand with its more than 80 branded retail locations and ecommerce platform.  The Haggar Clothing products are sold in over 10,000 stores throughout North America. Haggar also owns Montreal-based Tribal, one of the largest women's sportswear supplier to the specialty boutique market in North America, with over 2,400 active accounts. Founded in 1910, the privately-held Randa produces belts, wallets, headwear, slippers, luggage, neckwear, jewelry, and other accessories under 50 brands, including Levi's, Tommy Hilfiger, Columbia Sportswear, Dickies, and Kenneth Cole. "The acquisition of Haggar is an important waypoint on our strategic journey," said Jeffrey Spiegel, CEO of Randa Accessories. "Following our Moats, Boats & Bridges strategic roadmap, this acquisition allows Randa to bring its existing expertise to adjacent brands, channels of distribution, and product classifications. This transaction brings together two successful, financially strong, and complementary businesses to better serve our retail and brand partners, our associates, and our consumers. We believe that brands matter -- and Haggar and Tribal are highly relevant brands in their respective markets." Randa reports that revenues for the combined companies will be greater than $1-billion this year.  Wells Fargo Capital Finance, part of Wells Fargo Co., provided capital for the acquisition.  (Haggar Clothing – 877/841-2219 www.haggar.com) & (Randa Accessories – 212/768-8800 www.randa.net).........

On the heels of opening a 6900 square foot store at Dufferin Mall in Toronto in late June, last week the Liquor Control Board of Ontario opened its ‘landmark LCBO store’ at 49 Spadina Ave. in downtown Toronto.  The 22,000 square foot unit with its 13,935 square feet of retail selling space, is on the main floor of the Toronto heritage Steele Briggs Seed Company building at Spadina Ave. and Front St. West. The new store was designed by Toronto-based Fiorino Design Inc.  The new location replaces the LCBO store at King and Spadina. (LCBO – 800/668-5226 www.lcbo.com)..........

On Thursday, City Cannabis Co. officially opened its third store in Vancouver, a street front location at 2317 Cambie St., between West 7th and West 8th avenues.  The opening marks the seventh recreational cannabis store in Vancouver and the city reports that the province has notified it of 42 license applications being processed that are for locations in Vancouver.  The City Cannabis chain has also been granted Approval in Principle for a store in downtown Comox, one of the first cannabis stores on Vancouver Island.  The location is targeted to open later in the Summer.  Earlier in the Spring, Wildflower Brands Inc. entered into a non-binding letter of intent to acquire City Cannabis Corp.  (Windflower Brands Inc. - 604/559-0420 www.wildflowerbrands.co)..........