Mid Island Consumer Services Co-operative (Mid Island Co-op) has purchased two Discovery Foods grocery stores in Oyster River and Campbell River.
The co-operative said in a news release it will assume operations in mid-November.
“Co-op is part of our local community and shares the values of knowledge and service that Discovery Foods has provided to our customers for nearly 60 years,” said the Nicholas and Farmer families, owners of Discovery Foods. “Mid Island Co-op has been an integral part of our local community, and this acquisition will continue that legacy in the central and North Island trading area.”
The deal will give Mid Island Co-op’s more than 80,000 member-owners another option to shop local.
“Adding these grocery retail locations in Oyster River and the Willow Point area of Campbell River will allow Mid Island Co-op to provide new services to our members and customers in these communities,” said Ian Anderson, CEO of Mid Island Co-op. “Discovery Foods is a trusted and well-respected B.C. business, with values and service that align with Mid Island Co-op, making this a natural partnership.”
Once the transition to the Co-op brand is complete, current and new members will be able to use their membership numbers to receive equity and cash back.
“Mid Island Co-op is proud to provide local jobs and economic activity in the many communities we serve. We look forward to welcoming new team members at these locations to our Mid Island Co-op team,” the release said.
