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

Conservatives back Poilievre in leadership review

The Conservative Party of Canada is Pierre Poilievre’s to lead into the next election

Ag in the House: Jan. 26 – 29

MPs are back in Ottawa after their winter break

Crude Oil Rises and Metals Drop in Commodity Markets Last Week

This episode reviews crude oil strength from geopolitical fears a metals correction and mixed grain action plus hog risk management, E15 doubts, U.S. shutdown relief and weather signals shaping 2026 outlook.

Hog Sector Outlook Strong in Early 2026

Strong hog prices lower feed costs and balanced demand position Canadian hog producers for solid profitability in 2026 despite disease concerns and export uncertainties

2025-2026 Agronomy Resources Survey

Attention agricultural producers and agrologists: We need your input on publicly available agronomic resources to inform future funding and research! Please click on the following link to answer the short online survey:  https://www.surveymonkey.ca/r/AgronomyResourcesSurvey The  Agronomy Resources Survey, conducted through the College of Agriculture and Bioresources at the University of Saskatchewan, studies the outcomes of public and producer investment in agronomic research. This survey is intended for both agricultural producers and agrologists. The purpose of this project is to evaluate the impact of agronomic resources developed through research co-funded by Agriculture and Agri-Food Canada, as part of due diligence to ensure the effective use of public and producer funds. The results of this impact assessment study will provide insight to policy makers and researchers on what agronomic resources are useful to producers and agrologists which can then inform future funding of res

© 2026   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service