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: 211

▶ 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

$7 Million to Grow Canada’s Agriculture Tech Sector

Smarter production is the goal of the HARVEST agri-tech accelerator that’s investing in cleantech and agricultural companies to help them scale up their businesses and strengthen the country’s economy and supply chains. Nine start-ups from coast to coast will receive an investment of up to $750,000 and critical business mentorship from Ontario Genomics, Genome Alberta and Genome Prairie to bring their products and production methods to industrial commercial scale, as soon as possible. Thanks to up to $7 million of funding through Agriculture and Agri-Food Canada’s ACT Accelerator, HARVEST is sustainably diversifying Canada’s economy by helping these innovative companies get their game-changing solutions to market here and overseas: ABAzyne Bioscience (Saskatoon, SK) is modernizing cold-weather crop protection with a bio-spray for grapes and other tender fruit. ALT TEX (Toronto, ON) is transforming food waste into biodegradable fabrics for the fashion industry. B.Nature Biotech (Sa

Ontario Plowmen's Association Vows to Keep 2027 International Plowing Match in Lambton County on Track

The Ontario Plowmen's Association says it is working to maintain partnerships, address concerns, and keep planning efforts moving forward following reports that the local volunteer committee has withdrawn from hosting duties.

Cdn. beef sector receives $4 million from Ottawa

Additional markets for Canadian beef and veal is the goal of federal funding distributed to the livestock sector

Rigas Karamanos Wins Les Henry Award

Dr. Rigas Karamanos has been named the 2025 Les Henry Award recipient for his long-standing contributions to soil science, agronomy research, and agricultural education in Western Canada.

Farmers receive less of the food dollar: study

Farmers continue to receive less of the food dollar, even as consumers pay more for their groceries, says the Agricultural Producers Association of Saskatchewan. Its latest Farmers and Food Prices Report indicates the trend has not changed much since the organization began analyzing six products in 2021-22. “Our data continues to show a consistent story,” said president Bill Prybylski. “Food prices are rising, but the farmer’s share is actually shrinking.” The report, which was released in June for 2024-25, actually showed a little bump in the farmer share of two products:retail pork and canola oil. “I was a little surprised that some of the numbers have actually reversed, but when you think about it, I guess it makes sense that canola prices have rebounded a little bit compared to where they were,” Prybylski said. APAS tracks the farmer share of several food products by comparing the retail price with the producer price for the initial commodity. These include a 675-gram load of

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service