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Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Fri., Apr. 26, 6:57 PM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #95. Maple Leaf Foods Puratone Corporation

Acquirer: Maple Leaf Foods (TSE:MFI.CA)
Acquiree: Puratone Corporation
Details: Maple Leaf Foods announced that it has entered into a definitive agreement to acquire the Puratone Corporation, a leading Manitoba hog production company, for approximately $42 million including livestock, facilities and interests in some joint ventures. The transaction is expected to close within a month, subject to court and regulatory approvals.

Maple Leaf Foods is a producer of food products. Co. has two reportable segments, meat protein and plant protein. The Meat Protein Group is comprised of prepared meats, ready-to-cook and ready-to-serve meals, fresh pork and poultry products that are sold to retail, foodservice and industrial channels and agricultural operations in pork and poultry. The Plant Protein Group is comprised of refrigerated plant protein products, grain-based protein and vegan cheese products. The products produced by the Plant Protein Group include plant-based sausages, wieners, bacon, grounds, burgers, deli meat, chicken products, loaves & roasts, along with tempeh, plant-based cheeses and frozen appetizers.

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Company Name:  Maple Leaf Foods Inc.
Website:  www.mapleleaffoods.com
Sector:  Food & Beverage
Number of ETFs Holding MFI.CA:  1
Total Market Value Held by ETFs:  $129648
Total Market Capitalization:  $3.39B
% of Market Cap. Held by ETFs:  0.00%
 

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April 26, 2024    6:57 PM Eastern
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