Ontario Agriculture

The network for agriculture in Ontario, Canada

Maple Leaf Launches Sale Process for Burlington Pork Plant....Any Speculation on Buyers? Thoughts?

Maple Leaf launches sale process for Burlington, Ontario, pork processing business

TORONTO, May 25, 2010 /PRNewswire via COMTEX/ --Maple Leaf Foods (MFI: TSX) today announced that it is launching a formal sale process for its Ontario pork processing business located in Burlington, Ontario, following renewed interest from potential purchasers and improved economic conditions and credit markets. The Company has engaged financial advisors to support the sale process.

 

"The sale of the Burlington business will complete the last phase of Maple Leaf's protein transformation journey and supports our commitment to refocus our growth in the value-added meat, meals and bakery business," said Michael Vels, Chief Financial Officer. "We are reinvigorating the sale process following renewed interest, including the potential of completing a sale to a producer group."

 

The 365,000 square foot Burlington facility is one of the largest and most efficient pork processing facilities in Canada. Together with its management and sales teams it is a profitable business with a highly skilled workforce.

Maple Leaf Foods Inc. is a leading Canadian food processing company headquartered in Toronto, Canada. The Company employs approximately 23,500 people at its operations across Canada and in the United States, Europe and Asia. The Company had sales of $5.2 billion in 2009.

 

SOURCE Maple Leaf Foods Inc.

Views: 167

▶ Reply to This

Replies to This Discussion

Permalink Reply by John Schwartzentruber on May 26, 2010 at 10:45am
Speculation? A consortium of feed millers and a trucking co. to name a couple of the probable suspects. Purely on speculation, but you asked . . .
Permalink Reply by pigsrgr8 on June 1, 2010 at 9:40am
I am sure Maple Leaf will not want to sell it to a new competitor.......they still want to process the meat and sell the value added Maple Leaf and Schneiders branded products.

I just hope they can find someone who wants it and will keep it running.
Permalink Reply by William Hardie on June 11, 2010 at 6:03am
I hope they sell it to someone who will keep it running for the employees. They are all hardworking people. I worked for Maple Leaf for 31 years and just retired last June. Good luck to all the employees!

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

AAFC response to planned cuts

The ministry is committed to investing in science and strengthening collaboration

Canada’s Ag Day Is Coming Soon – Here is why it matters!

Canada’s Ag Day is a chance to highlight trust in the food system is essential, fragile, and built through ongoing connection between farmers and Canadians.

Red Tape Pushes 70% of Agri Businesses to Deter Next Generation from Farming

A new CFIB report reveals that Canada’s agriculture sector is buckling under regulatory overload, with most agri business owners discouraging successors from taking over.

Provincial insect specialist says to "be vigilant" for pests during 2026 season

There was significant spraying of canola for bertha armyworm in central and northern regions of Saskatchewan last year and there may be issues again in 2026, says Dr. James Tansey, provincial insect specialist with the Saskatchewan Ministry of Agriculture. Tansey spoke Tuesday during a webinar sponsored by the Ministry of Ag. The Ministry captured male moths in traps at 290 site locations during mid and late July, Some of the hot spots were places like Herschel, Landis and Sonningdale west of Saskatoon, as well as Nokomis and Jansen south and east of Saskatoon. Moderate bertha army worm moths numbers were found east of Prince Albert and in the Tisdale area. Tansey says bertha army worm outbreaks are not usually one year events. However, he adds there is a naturally occurring virus which kills bertha armyworm called nuclear polyhedrosis virus (NPV). NPV causes the infected larvae to liquefy and any contact with it can make it burst. "We did see occurrence of this virus. Was it numer

Oat sector eyes potential opportunity in China

Canada is the world’s largest exporter of oats. China is the world’s second largest importer of oats. This seems, on paper, like a good opportunity for a trading relationship. However, Canada only ships a tiny volume of oats to China because Australia and Russia supply 98.7 per cent of the country’s annual oat imports, says OatInformation.com, an oat market intelligence firm. The main obstacle blocking exports is the lack of a phytosanitary protocol for Canadian raw oats in China. “We can send them processed oats and we can send seed oats, but we cannot send raw oats,” said Shawna Mathieson, Prairie Oat Growers Association executive director. That’s a problem because China wants to import raw oats rather than milled oats from its suppliers. “The thing with China, they have a lot of milling capacity…. They want to take the raw oats so they can use their own mills.” China’s phytosanitary issues with Canadian oats is a bit of mystery because Chinese officials won’t specify the pro

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service