Maple Leaf Foods Inc. to expand poultry business has completed the purchase of a poultry processing facility located near Schomberg, Ontario, Canada. The transaction also includes associated poultry supply.
- The purchase was completed in accordance with the exercise of a put option by the vendors, Certm Inc. and certain related companies.
- The acquisition aligns with Maple Leaf Foods’ overall strategy to continue to build its nutritious meat protein business.
The major deals and expansions by Maple Leaf Foods featured below:
April 2021: Due to increase in consumer demand, Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife and Field Roast, announced to expand its distribution at Whole Foods stores. Greenleaf Foods, SPC is a wholly owned, independent subsidiary of Maple Leaf Foods Inc.
July 2020: Maple Leaf Foods Inc., announced the sale of its poultry plant in Drummondville, Quebec, to Giannone Poultry of St. Cuthbert, Quebec, Canada. Maple Leaf Foods and Giannone have reached a three-year supply agreement that will allow Maple Leaf Foods to maintain its supply of fresh chicken.
March 2020: Maple Leaf Foods Inc. announced to support its front line staff, emergency food relief and health care providers in response to the COVID-19 pandemic. The actions include a weekly bonus for its hourly staff, an investment of approximately $2.0 million to support emergency food relief efforts and an investment of $2.5 million in a new fund to provide personal support to front line health providers during this crisis.
January 2020, Maple Leaf Foods subsidiary Greenleaf Foods, SPC, announced the investment of US$5 million in Gathered Foods Corporation, makers of Good Catch plant-based seafood products. Greenleaf is owner of leading plant-based protein brands Lightlife and Field Roast Grain Meat Co.
October 2019, Greenleaf Foods, SPC, announced that Lightlifes new plant-based meat line will be available in more than 12,000 retail stores. The new products have begun hitting shelves at Kroger, Publix and Target nationwide.
About Maple Leaf Foods
Maple Leaf Foods Inc. headquartered in Mississauga, Ontario, Canada, is a leading consumer protein company. The company employs more than 12,500 people across the world. The company has operations in Canada, the USA and prominent Asian Countries. Maple Leaf Foods provide food products under leading brands like Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., LightlifeTM, Field Roast Grain Meat Co. and Swift.