OEG

About OEG

OEG Inc. is a North American leader in sports and entertainment, retail cannabis and hospitality.

OEG’s Sports & Entertainment business includes NHL, AHL and WHL franchises and some of the world’s best entertainment venues and events. Hockey remains at the heart of OEG’s Sports & Entertainment organization driven by the Edmonton Oilers — one of the world’s most iconic sports franchises. With a storied history and global legacy, a world-class arena and plaza, a wildly passionate fan base, league-leading revenue metrics including additional content and gaming potential, two of the best young players on the planet and a top four finish in the 2022 NHL Playoffs — we are positioned for growth and success on and off the ice for years to come.

With world-class venues, operational expertise, brand identity and awareness and a far-reaching reputation now in place, Edmonton’s ICE District is a highly sought-after destination for employers, performers, fans, visitors, residents and consumers to live, work, stay and play. We will continue to transform downtown Edmonton through ICE District—the heartbeat of the city and epicentre of entertainment.

Led by Tokyo Smoke, Ontario’s number one retail cannabis brand, OEG Retail Cannabis is positioned for future success in the early stages of an emerging market. With over 60 locations and counting in Ontario and a differentiated retail brand and customer experience, Tokyo Smoke has won multiple industry awards and is a market leader with tremendous cross-country expansion and growth potential as the retail cannabis industry continues to consolidate and mature.

Complementing our sports and entertainment and cannabis divisions, our partnerships through OEG Hospitality feature a wide variety of the country’s best-known, award-winning restaurants, along with catering and event venues in Canada’s growing restaurant industry—with a successful 30+ year history of culinary, experiential and operational excellence.

History

Our business was founded as Katz Group in 1991. The Company’s history has been defined by the bold and long-term vision of its Founder, Daryl Katz, for building great businesses in pharmacy, sports, entertainment, real estate, hospitality and retail. OEG Inc. is a North American leader in sports and entertainment, retail cannabis and hospitality.

1991

Purchases the Canadian franchise rights to Medicine Shoppe Pharmacy for $300,000

1994-1999

Acquires Rexall, PharmaPlus, and Drug Trading Co. which included the Guardian and I.D.A banners

2008

Acquires the Edmonton Oilers and the Edmonton Oil Kings

2010

Begins assembling a 25-acre parcel of contiguous real estate in downtown Edmonton

2012

Unveils plan for ICE District, which would become North America’s second largest mixed-use sports and entertainment district

Sells independent franchise pharmacy business (IDA and Guardian) to McKesson Corp. for C$0.9 billion

2014

Acquires Bakersfield Condors

Partners with the City of Edmonton to develop Rogers Place, an award-winning, world-class sports and entertainment venue

Begins construction of ICE District Phase 1

2015

Acquires interest in Oliver & Bonacini, a leading Canadian restaurant, hospitality and event group

2016

Sells Rexall Health to McKesson Corp. in a transaction valued at C$2.9 billion

Opens Rogers Place

2017

Acquires majority interest in Oliver & Bonacini

2018

Sells Edmonton Tower to AIMCo in a transaction valued at C$400 million

Oliver & Bonacini acquires Concorde Entertainment Group

2019

Acquires the master franchise rights for Tokyo Smoke, the leading cannabis retailer in Ontario

Sells Stantec Tower to DEKA Immobolien, one of Europe’s largest pension funds, in a transaction valued at more than C$500 million

Opens JW Marriott ICE District, a luxury hotel in the heart of Edmonton

Welcomes residents to ICE District’s SKY Residents and Signature Suites

2020

NHL selects Edmonton as Hub City to host the 2020 Stanley Cup playoffs at Rogers Place and JW Marriott ICE District

2021

International Ice Hockey Federation (IIHF) selects Edmonton and Rogers Place to host the 2021 World Junior Championships

2022

Launches OEG Inc.