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: 203

▶ 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

Ottawa unveils National Food Security Strategy

The 10-year plan is designed to support farmers and lower grocery costs

Markets Slip as Corn Hits New Lows While Wheat Shows Strength

The podcast highlights falling corn prices, stable wheat demand, weak crude oil, and upcoming weather risks. Experts suggest current conditions may create buying opportunities for livestock farmers and long term investors.

Canadian Firm Buhler Versatile Buys ATLAS Group Assets

Buhler Versatile has finalized an agreement to acquire Germany’s ATLAS Group, a strategic move expected to preserve jobs, ensure business continuity, and expand its global market.

ABP Working Groups address key issues

From traceability to trade structure, coal mining to wildlife conflict, ABP has active working groups on four of the most important files facing Alberta beef producers. Here are updates from each of the groups: Traceability Following the direction of resolutions carried by delegates at the 2026 Annual General Meeting, ABP’s board is forming a dedicated Traceability Working Group. The working group will examine traceability closely, with the objective of providing producer-driven feedback and solutions that reflect on-the-ground realities across Alberta’s beef sector. Members of the working group are being finalized, and will include representatives from ABP’s executive, directors and delegates; partner cattle organizations; and groups such as the Government of Alberta. The working group will be supported by a dedicated facilitator to maintain clear timelines, while also ensuring issues are thoroughly examined. The goal is to develop realistic, workable recommendations to present t

What drives the true cost of forage production?

New COP Network benchmarks reveal what drives forage production costs in Canadian cow-calf operations, from hay and silage to greenfeed, and where producers can improve efficiency. Forage is the backbone of every cow-calf operation — but how much does it really cost to grow? While feed is often viewed as a “homegrown” input, the reality is that forage production can make or break cost competitiveness, especially as input costs continue to rise. Data from the Canadian Cow-calf Cost of Production Network show wide differences in the cost of producing forages such as hay, corn silage, corn for grazing, cereal silage, and greenfeed. But the real insight isn’t just what those costs are, it’s why they differ from farm to farm. Forage costs vary, management matters This analysis includes data from 59 COP Network benchmark farms from 2020 to 2024, covering five major forage types — hay, corn silage, corn for grazing, cereal silage, and greenfeed. Hay remains the dominant forage on Canadia

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service