Sobeys Chair Co-Founds Private Equity Firm

HALIFAX, Nova Scotia — The families behind the Sobeys [1] supermarket chain and the Maple Leaf Foods group have teamed to launch a new private equity firm that will invest in small Canadian manufacturing and distribution companies.

SeaFort Capital, based here, counts Donald Sobey, chairman of Sobeys parent company Empire Cos., Rob Sobey, Donald’s son and chief executive of the Lawson’s drug chain, and Maple Leaf Foods’ Scott McCain as principal investors.