{"id":642,"date":"2021-08-19T07:57:32","date_gmt":"2021-08-19T12:57:32","guid":{"rendered":"https:\/\/putmaninvestments.com\/?p=642"},"modified":"2021-08-19T08:01:39","modified_gmt":"2021-08-19T13:01:39","slug":"putman-investments-to-purchase-toysrus-and-babiesrus-canada-putman-investments-sapprete-a-acheter-toysrus-et-babiesrus-canada","status":"publish","type":"post","link":"https:\/\/putmaninvestments.com\/?p=642","title":{"rendered":"Putman Investments to purchase Toys’R’Us and Babies’R’Us Canada – Putman Investments s’appr\u00eate \u00e0 acheter Toys’R’Us et Babies’R’Us Canada"},"content":{"rendered":"\n
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ANCASTER, ONT., AUGUST 19, 2021 \u2013<\/strong> Putman Investments, a Canadian-based, family-owned company, confirms today its intention to purchase Toys’R’Us and Babies’R’Us Canada, Canada’s national toys, games and baby specialist, from certain affiliates of Fairfax Financial Holdings Limited (\u201cFairfax\u201d). <\/p>\n\n\n\n

\u201cToys’R’Us and Babies’R’Us are extremely strong brands that have been in great hands over the past three years,\u201d says Doug Putman, founder of Putman Investments. \u201cSince its split from the U.S., we’ve watched the way in which the company has grown and focused on the Canadian customer. Much has been achieved and we’re excited to help to drive the business forward.\u201d<\/p>\n\n\n\n

Doug Putman, founder of Putman Investments, visits a Toys’R’Us store in Hamilton, Ontario earlier this summer with his daughter Hadley and niece Anna Gloria. Putman Investments announced, Aug. 19, 2021, its intention to purchase Toys’R’Us and Babies\u2018R\u2019Us Canada. Photo credit: Danielle Donville.<\/em><\/p>\n\n\n\n

Toys’R’Us and Babies’R’Us Canada employs just under 5,000 people who work out of the Vaughan head office as well as 81 stores across 10 provinces. <\/p>\n\n\n\n

\u201cWe are pleased to announce our sale of the retail operations of Toys’R’Us Canada to Doug Putman,\u201d said Prem Watsa, Chairman and Chief Executive Officer of Fairfax. \u201cThe transaction continues the implementation of the monetization plan for certain non-insurance holdings of Fairfax. Fairfax retains substantially all of the real estate acquired in our original purchase of Toys’R’Us Canada and, through a continuing royalty stream, we are provided with an opportunity to benefit over time in the future success of the business. This transaction would not have been possible without the steady and sound leadership of Vic Bertrand and his management team at Toys’R’Us Canada, and we are very thankful for all of their efforts to build the Toys’R’Us Canada brand.\u201d<\/p>\n\n\n\n

The pandemic has demonstrated the resilience of the toys, games and baby sector and its value in the hearts of Canadians as was evidenced by the large growth of toy sales the last year. <\/p>\n\n\n\n

– 30 –<\/p>\n\n\n\n

Media contacts – information and intel:<\/strong><\/p>\n\n\n\n

Samiha Fariha                                                                        P\u00e9n\u00e9lope Carreau<\/p>\n\n\n\n

Torchia Communications                                                      Torchia Communications<\/p>\n\n\n\n

647-268-6687                                                                        514 984-6123 samiha@torchiacom.com        penelope@torchiacom.com<\/p>\n\n\n\n

<\/p>\n\n\n\n

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ANCASTER (Ontario), le 19 ao\u00fbt 2021 \u2013 <\/strong>Putman Investments, une entreprise familiale canadienne, confirme aujourd’hui son intention d’acheter Toys’R’Us et Babies’R’Us Canada, le d\u00e9taillant national sp\u00e9cialis\u00e9 dans les jouets, les jeux et les articles pour b\u00e9b\u00e9s au Canada, de certaines soci\u00e9t\u00e9s affili\u00e9es de Fairfax Financial Holdings Limited (” Fairfax “).<\/p>\n\n\n\n

\u00ab Toys’R’Us et Babies’R’Us sont des marques particuli\u00e8rement fortes qui ont \u00e9t\u00e9 entre bonnes mains au cours des trois derni\u00e8res ann\u00e9es, d\u00e9clare Doug Putman, fondateur de Putman Investments. Depuis sa scission de la soci\u00e9t\u00e9 am\u00e9ricaine, nous avons remarqu\u00e9 comment l\u2019entreprise a \u00e9volu\u00e9 et a fa\u00e7onn\u00e9 son offre en fonction de la client\u00e8le canadienne. Beaucoup de belles choses ont \u00e9t\u00e9 accomplies, et nous sommes enthousiastes \u00e0 l’id\u00e9e de contribuer \u00e0 l\u2019essor de l’entreprise. \u00bb<\/p>\n\n\n\n

Doug Putman, fondateur de Putman Investments, avec sa fille Hadley et sa ni\u00e8ce Anna Gloria, devant un magasin Toys’R’Us \u00e0 Hamilton, Ontario, en ao\u00fbt 2021. Cr\u00e9dit photo : Danielle Donville.<\/em><\/p>\n\n\n\n

Toys’R’Us et Babies’R’Us Canada emploient pr\u00e8s de 5 000 personnes r\u00e9parties entre le si\u00e8ge social de Vaughan et 81 magasins dans 10 provinces. <\/p>\n\n\n\n

\u00ab Nous sommes heureux d’annoncer la vente des activit\u00e9s de d\u00e9tail de Toys’R’Us Canada \u00e0 Doug Putman, a d\u00e9clar\u00e9 Prem Watsa, pr\u00e9sident du conseil et chef de la direction de Fairfax. La transaction veille \u00e0 poursuivre la mise en \u0153uvre du plan de mon\u00e9tisation de certains actifs de Fairfaix non li\u00e9s aux assurances. Fairfax conserve la quasi-totalit\u00e9 des biens immobiliers acquis lors de l’achat initial de Toys’R’Us Canada et, gr\u00e2ce \u00e0 un flux continu de redevances, la possibilit\u00e9 nous est offerte de tirer profit au fil du temps de sa participation au succ\u00e8s de l\u2019entreprise. Cette transaction n’aurait pas \u00e9t\u00e9 possible sans le leadership \u00e9clair\u00e9 et soutenu de Vic Bertrand et de son \u00e9quipe de direction chez Toys’R’Us Canada; nous leur sommes tr\u00e8s reconnaissants de tous les efforts qu’ils ont d\u00e9ploy\u00e9s afin de d\u00e9velopper la marque Toys’R’Us Canada. \u00bb<\/p>\n\n\n\n

La pand\u00e9mie a d\u00e9montr\u00e9 la r\u00e9silience du secteur des jouets, des jeux et des articles pour b\u00e9b\u00e9s de m\u00eame que sa place dans le c\u0153ur des Canadiens, comme en t\u00e9moigne la forte croissance des ventes de jouets l’ann\u00e9e derni\u00e8re. <\/p>\n\n\n\n

– 30 –<\/p>\n\n\n\n

Personnes-ressource pour les m\u00e9dias \u2013 informations et renseignements :<\/strong><\/p>\n\n\n\n

P\u00e9n\u00e9lope Carreau<\/p>\n\n\n\n

Torchia Communications<\/p>\n\n\n\n

514 984-6123<\/p>\n\n\n\n

penelope@torchiacom.com  <\/p>\n","protected":false},"excerpt":{"rendered":"

ANCASTER, ONT., AUGUST 19, 2021 \u2013 Putman Investments, a Canadian-based, family-owned company, confirms today its intention to purchase Toys’R’Us and Babies’R’Us Canada, Canada’s national toys, games and baby specialist, from certain affiliates of Fairfax Financial Holdings Limited (\u201cFairfax\u201d).  \u201cToys’R’Us and Babies’R’Us are extremely strong brands that have been in great hands over the past three […]<\/p>\n","protected":false},"author":2,"featured_media":644,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=\/wp\/v2\/posts\/642","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=642"}],"version-history":[{"count":0,"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=\/wp\/v2\/posts\/642\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=\/wp\/v2\/media\/644"}],"wp:attachment":[{"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/putmaninvestments.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}