GFM Network News

Coop federee president Ghislain Gervais speaks to the co-operative’s AGM Feb. 23 in Quebec City. (CNW Group/La Coop federee)

Coop federee cracks $6 billion mark in revenues

Revenues for expansion-minded Quebec agrifood and retail co-operative La Coop federee crossed the $6 billion mark in fiscal 2016, leading to a substantial jump in patronage dividends to producers. The co-operative at its annual meeting reported earnings, before patronage dividends and income taxes, of $275.44 million on $6.335 billion in revenues for fiscal 2016, up […] Read more

BMR hardware chain joins Coop federee

Agrifood processor and ag retailer La Coop federee has moved from minority stakeholder to full owner of home reno and hardware retail chain Groupe BMR. Coop federee, Quebec’s biggest agrifood company, announced Thursday it exercised an option in its 2013 purchase of a minority position in BMR, buying the retailer’s remaining shares and making it […] Read more