Schwartz's, Montreal Deli, Sold: Celine Dion, Husband Rene Angelil, Among Consortium

Celine Dion

First Posted: 03/ 5/2012 9:04 pm Updated: 03/ 6/2012 12:00 am

MONTREAL - Singer Celine Dion is part of a consortium that has purchased a landmark Montreal restaurant, famous partly for its food and partly for its generations-old decor.

The Quebec diva and her husband, Rene Angelil, have teamed up with other investors to buy Schwartz's, a downtown deli.

The establishment is famous amongst Montrealers, and tourists, to a certain extent because of its smoked-meat sandwiches but also because of its appeal as a larger-than-average time capsule.

Founded in 1928, the St. Lawrence Boulevard shop regularly draws long lineups of tourists eager to grab a seat in a place that looks untouched by the passing decades.

In a news release Monday announcing the transaction, Angelil shared his memory of first going to Schwartz's as a young musician in 1961 with his friend and manager, Ben Kaye.

"I have so many great memories of being there with the guys, and with Celine and our families throughout the years. It's the most unique restaurant in the world and we're thrilled to be a part of it," Angelil said.

This won't be the first smoked-meat venture for Dion and Angelil. They have also been partners in Nickels, a chain of retro 1950s diners that sells mostly fast foods including the famous Montreal sandwiches.

Without referring to his previous chain venture, Angelil sought to assuage the concerns of any purists that he'll create a similar business model out of Schwartz's, a place immortalized in the literature of Mordecai Richler.

Angelil promised not to allow franchises, and to keep the authenticity of the establishment.

"Of course, we'll make a few improvements as necessary, but we're not interested in diluting the brand by franchising, or making the deli something that it isn't," he said.

"It's truly one-of-a-kind, and we intend to keep it this way."

The group of partners includes Angelil's nephews and the Nakis family, longtime Montreal restaurateurs.

The sale price was not disclosed.

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One of Canada's most iconic restaurants could soon have an equally famous owner. (Caroline d'Astous/Le Huffington Post Quebec)
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MONTREAL - Singer Celine Dion is part of a consortium that has purchased a landmark Montreal restaurant, famous partly for its food and partly for its generations-old decor. The Quebec diva and her...
MONTREAL - Singer Celine Dion is part of a consortium that has purchased a landmark Montreal restaurant, famous partly for its food and partly for its generations-old decor. The Quebec diva and her...
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01:21 AM on 07/20/2012
レイバン サングラスにたくさんのモデルはどちらもオリジナルの「レイバン ウェイファーラー」をベースに、80年代のポップカルチャーからインスパイアされたカラフル・パターンが施されています。そのユニークでポップなラインと特徴的なカラー・コンビネーションは、アイウェア-ブランドのパイオニアとして君臨し続けるレイバン RB2140ならではのラインナップと言えるでしょう。
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01:20 PM on 03/07/2012
Love Swartzs,and everything Montreal.
12:00 AM on 03/07/2012
Glad she is putting money into a Montreal landmark.
10:05 PM on 03/06/2012
Wow, I wish this new group all of the success in the world. It's a Great deli, a slice of culture, a landmark - and these investors have the best of intentions- to save a business because it adds so much to Montreal. Restaurants are risky ventures, but I think this risk is being taken for way more than financial reward.
evecaren
Every cloud has a silver lining
08:28 AM on 03/06/2012
I misspelled Celine's name in my last post. I spelled it Celione , to rhyme with bolonie in
honor of her new deli meat acquisition. Whatever the price tag for the deli, Celine and
Rene can afford it.
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grizzly bear55
King of the forest
10:11 AM on 03/06/2012
I guess you blended Celine and Dion = Celione.
evecaren
Every cloud has a silver lining
11:57 AM on 03/06/2012
Cute ;)
07:51 AM on 03/06/2012
i believe the price tag is in the $10,000,000 range.
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grizzly bear55
King of the forest
07:32 AM on 03/06/2012
Another losing proposition in the food industry. She never learns.

I don't know this place but regardless how good the food, as far as a business venture, it's a very bad one.

A huge grocery chain did the same thing by buying a well known a fish market, to lose their money few years later in addition to throwing good money after bad.
10:13 AM on 03/06/2012
>>>fish market

Waldman's ? Who bought them ?

>>>Another losing proposition

If you serve genuine Shwartz's meat at Nickels restaurants, you have a poterntial gold mine on your hands.
This would be a smart business move.
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grizzly bear55
King of the forest
10:21 AM on 03/06/2012
Provigo, and the venture was a bad one, they lost a lot of money.

Nickels lost many stores already, at least half of the chain, and most of them are independents not belonging to Dion, she has only few left, but even if she converts them to Schwartz, the price she paid is not justified.

I am a banker with a large Canadian bank, I do not like the deal as a business.

Now Metro purchased 55% of Adonis the Lebanese chain and planning a huge expansion, we will see how that goes, the difference is the owners still have 45% and will be running the chain for the next few years.
06:55 AM on 03/06/2012
Im glad Celine hasn't forgotten her roots,and she lots of money to invest in Quebec.
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amoosefloats
Not a geek, a Tech Savvy Degenerate
12:26 AM on 03/06/2012
Schwartz's is my family's heritage, I am a Montreal Schwartz. This makes me full of sad.
10:58 PM on 03/05/2012
If they can successfully clone Schwartz's deli and make it available in more than one location, I, for one, will welcome my Las Vegas based Quebecoise meat mistress.

Schwartz's deli is a North American treasure.
evecaren
Every cloud has a silver lining
08:21 AM on 03/06/2012
" Quebecoise meat mistress " what a great way to phrase Celione's new acquistion.
Long live the deli diva.