This article needs additional citations for verification .(November 2013) |
Company type | Private |
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Industry | Media, automotive, packaging, food sales and distribution, magazine distribution, entertainment, export and financial industries |
Founded | 1961Vancouver, British Columbia | , in
Headquarters | Vancouver, British Columbia, |
Area served |
|
Key people | Jim Pattison (Chairman and CEO) Ryan Barrington-Foote [1] (President and COO) |
Products | Media, Broadcasting, Grocery, Billboards |
Revenue | $10.9 Billion (2020) |
Owner | Jim Pattison |
Number of employees | 48,000 (2020) |
Divisions | See § Divisions |
Website | jimpattison |
The Jim Pattison Group is a Canadian conglomerate based in Vancouver. In a recent[ when? ] survey by the Financial Post, the firm was ranked as Canada's 62nd largest company. Jim Pattison, a Vancouver-based entrepreneur, is the chairman, CEO, and sole owner of the company. The Jim Pattison Group, Canada's second largest privately held company, has more than 45,000 employees worldwide, and annual sales of $10.1 billion [2] based on investments in Canada, the U.S., Mexico, Europe, Asia and Australia. The Group is active in 25 divisions, according to Forbes, including packaging, food, forestry products. [3]
In early 2022, the 93-year-old Pattison was still working full-time. According to Forbes, his net worth then was $5.7 billion, having increased substantially from the $2.1 billion reported in March 2009. [3] [4] In September 2020, a news item stated that "Jim Pattison Group Inc. had $10.9 billion in revenue and employed 48,000 people". [5]
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The Jim Pattison Group was created on May 8, 1961, when Pattison purchased a General Motors automobile dealership by borrowing $40,000 from the Royal Bank of Canada, and placing his home and life insurance policy with the bank as collateral. [6]
In 1965, The Jim Pattison Group was awarded a license to operate Vancouver AM radio station CJOR. The group then acquired Neon Products (Vancouver) & Seaboard Outdoor Advertising in 1967, Overwaitea Foods (Vancouver) in 1968, and Provincial News (Edmonton) in 1969. The real estate arm of the group was created in 1980. The Jim Pattison Group acquired British Columbia Magazine, Canadian Fishing Company in 1984, and Ripley's Believe It or Not! in 1985.
In 1990, the group acquired Foodservice Packaging Group, Flexible Packaging Group, and Coroplast and Montebello Packaging. The following year, the group launched its financial services division. The Jim Pattison Group acquired Westshore Terminals (B.C.-based coal-export terminal facility) in 1994, Buy-Low Foods in 1995, and launched Select Media Services. In 1999, the group acquired Cooper's Foods.
The Ripley's Aquarium opened in Myrtle Beach, SC, and Ripley's Aquarium of The Smokies, Gatlinburg, TN opened in 2000. In 2001, the group acquired Monarch Broadcasting and Van-Whole Produce, and started ProLogix Distribution Services and AccuLogix Distribution Services the following year. Ever Corp. was acquired in 2002 and LIN PAC Inc. in 2003. In 2004, the Jim pattison Group acquired Classic Attractions (Texas), St. Augustine Sightseeing Trains (Florida), Maltese Signs (Norcross, GA), the auto lease business of Cross-Canada Car Leasing Limited (Toronto, ON), and the periodical distribution companies in San Jose and Chico, CA.
October 29, 2013, Pattison became an insider of the Just Energy Group, a publicly traded corporation on both the Toronto Stock Exchange and the American Stock Exchange, by taking possession of more than 14 million shares (over 10% of the company's shares outstanding). [7]
Some of the more significant divisions of the Jim Pattison Group include:
Glen David Clark is a Canadian retail executive and former politician who served as the 31st premier of British Columbia from 1996 to 1999.
Citytv is a Canadian television network owned by the Rogers Sports & Media subsidiary of Rogers Communications. The network consists of six owned-and-operated (O&O) television stations located in the metropolitan areas of Toronto, Montreal, Winnipeg, Calgary, Edmonton, and Vancouver, a cable-only service that serves the province of Saskatchewan, and three independently owned affiliates serving smaller cities in Alberta and British Columbia.
The Chicago Auto Show is held annually in February at Chicago's McCormick Place convention center. It is the largest auto show in North America.
Pattison Outdoor Advertising is a Canadian out-of-home advertising company owned by the Jim Pattison Group. According to the Canadian Out-of-Home Measurement Bureau, it was Canada's largest out-of-home advertising company in 2013, holding more than 55% of the national market share in horizontal posters and a 43% market share of all traditional out-of-home media.
Save-On-Foods is a chain of supermarkets located across Western Canada, owned by the Pattison Food Group.
Rawlco Radio Ltd. is a media company based in Saskatoon, Saskatchewan, Canada. The company is the sole proprietor of seven radio stations in the provinces of Alberta and Saskatchewan.
Sun-Rype Products Ltd. is a Western Canadian fruit-based food and beverage manufacturer. Since its foundation in 1946, Sun-Rype has been producing juices and fruit snacks based in Kelowna, British Columbia, in the Okanagan.
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Asbury Automotive Group is a company based in Atlanta that operates auto dealerships in various parts of the United States. Founded in 1995, it was ranked No. 360 on the 2022 Fortune 500 list.
CHWF-FM is a Canadian radio station located in Nanaimo, British Columbia, operating on 106.9 FM under the ownership of Jim Pattison Group division Island Radio.
Cactus Club Cafe is a Canadian-owned chain of premium casual restaurants that originated in North Vancouver, British Columbia. The chain has since expanded to 31 locations throughout Canada, with other locations throughout British Columbia, Alberta, Saskatchewan, and Ontario.
Fields Stores Ltd. is a Canadian discount store company owned by FHC Holdings, with 67 locations in British Columbia, Alberta, Saskatchewan, Manitoba, and the Northwest Territories.
The Save Mart Companies is an American grocery store operator founded and headquartered in Modesto, California. It owns and operates stores under the Save Mart, Lucky, and FoodMaxx brands. The stores are located in northern and central California and northern Nevada. The company is owned by the Jim Pattison Group.
Pattison Food Group is an operator of supermarkets, based in Langley, British Columbia. It is owned by the Jim Pattison Group. Most stores are under the Save-On-Foods banner, which it launched in 1982.
James Allen Pattison is a Canadian business magnate, investor, and philanthropist. He is based in Vancouver, British Columbia, where he holds the position of chief executive officer, chairman and sole owner of the Jim Pattison Group, Canada's second largest privately-held company, with more than 45,000 employees worldwide, and annual sales of $10.1 billion. The Group is active in 25 divisions, according to Forbes, including packaging, food, and forestry products.
In 2007, significant ownership changes occurred in Canada's broadcast television industry, involving nearly every private English-language network and television system. In addition to the shuffling of network affiliations and mergers involving various networks, several new television stations and rebroadcast transmitters also signed on the air.
Lassonde Industries Inc. is a Canadian agri-food company located in Rougemont and Montérégie, with operations throughout North America.
AutoCanada Inc. is a North American multi-location automobile dealership group currently operating 85 franchised dealerships, consisting of 28 brands in eight provinces in Canada as well as a group in Illinois, USA. AutoCanada currently sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, Honda and Porsche branded vehicles. In addition, AutoCanada's Canadian Operations segment currently operates 3 used vehicle dealerships and 1 used vehicle auction business supporting the Used Digital Retail Division, 13 RightRide division locations, and 11 stand-alone collision centres within its group of 28 collision centres. In 2023, the Company generated revenue in excess of $6 billion and our dealerships sold over 100,000 retail vehicles.
CKWD-FM is a Canadian radio station broadcasting at 95.3 FM in Calgary, Alberta owned by Jim Pattison Group. The station broadcasts a country format branded as Wild 95.3. CKWD's studios are located on 58th Avenue Southwest in Calgary, while its transmitter is located on Old Banff Coach Road. The station is owned and operated by Jim Pattison Group who also owns sister station CKCE-FM.