Many of us know Daryl Katz as the owner of the prominent NHL franchise, the Edmonton Oilers, one of hockey’s flagship franchises, especially since their run of incredible championship teams in the late 80’s and early 90’s. But how does a businessman come to own one of hockey’s best franchises? It is not a case of inheritance or pure luck, but rather by a series of impressive business moves that allowed him to leverage the value of his quickly growing drugstore business and parlay it into a number of real estate ventures that made Daryl Katz a billionaire and built the Katz Group into the largest privately owned business in Canada. You can view website here for more info.
If you are familiar with Canadian culture, then you know that Canadians take their hockey very seriously. For one of the NHL’s most important franchises to be purchased by one of the city of Edmonton’s native sons, an amazing success story in his own right, must have been an exciting development for most observers. But in recent years, small market business realities have threatened the future of the Oilers in Edmonton. This is sure to have many people in Edmonton, proud Canadians who grew up watching Gretzky, Messier and other heroes raising the Stanley Cup, take pause and wonder about the circumstances around this situation. As of the present, the Oilers have an agreement on a new arena, but as in the past, small markets like Seattle still may be interested in bringing NHL hockey to their cities. Saving NHL hockey in Edmonton is but one in a long line of impressive business deals that Daryl Katz is famous for. Here’s a good read about Rexall deal, check it out!
The Katz Group agreement on a new arena, a $279 million dollar agreement with the City of Edmonton, has led to plans for a complete revitalization of the Edmonton downtown area including restaurants, condos and housing of various kinds. The Katz Group also has invested in the entertainment industry with a major motion picture production company that has made several successful hit films in recent years. With noteworthy investments, a chain of successful drugstores, a major NHL hockey franchise and a Hollywood film company, Daryl Katz and the Katz Group of companies is the most successful company in Canada and one of the most successful companies in the world.
If you are interested in learning more about Daryl Katz and the Katz Group, the best thing you can do is take a moment to look online for more information about the impressive business moves of the Katz Group and Daryl Katz. The best way to do this is to visit the official website of the Katz Group or the personal website of Daryl Katz. Kindly visit this website https://www.britannica.com/topic/entrepreneur-business for more useful reference.