Maple Leaf Foods shareholders approved with an overwhelming majority the food processing company's plan to spin off its pork operations to Canada Packers Inc.
Tag Archives Maple Leaf Foods
Maple Leaf Foods spin off approved
Shareholders voted in favour of Canada Packers Inc., which will cover the food company’s pork operations
Mexico’s Bimbo files $1.4 billion lawsuit against Maple Leaf Foods
Mexico's Grupo Bimbo has filed a lawsuit against Maple Leaf Foods and former senior executives of the Canadian company, it said on Friday, seeking more than 2 billion Canadian dollars in damages.
Canada Packers name reemerges as Maple Leaf spins off pork division
Maple Leaf Food's pork division, set to separate into an independent company, will be named Canada Packers.
Maple Leaf Foods defends against claims it used Canada Bread as a shield in price fixing investigation
Maple Leaf Foods says legal claims brought by Canada Bread in relation to an ongoing investigation into allegations of bread price fixing are manufactured and without merit.
Canada Bread takes legal action against Maple Leaf in bread price fixing matter
Canada Bread Company has taken legal action against Maple Leaf Foods in a move it says will protect its financial and legal interests in relation to an ongoing alleged bread price fixing matter.
Maple Leaf Foods plans to split into two independent public companies
Maple Leaf Foods is splitting into two independent public entities by spinning off its pork business, it said today.
Maple Leaf Foods will retain a 19.9 per cent ownership position in the newly formed pork company, the name of which will be announced in the coming months, the company said.
Maple Leaf to close Brantford, Ont., plant
Maple Leaf will close its Brandford, Ontario poultry processing plant early next year, the company said yesterday.
Maple Leaf combines plant, meat protein divisions
Meat sales struggle in fourth quarter, plant sales drop
Maple Leaf will merge its plant and meat protein divisions and plans to expand in the U.S. market, the company said in February.
Canada Bread fined $50 million over price-fixing
'Leniency' settlement follows breadmaker's guilty plea
A storied Canadian producer of bread and bakery products has a month to pay a $50 million fine for price-fixing in an ongoing federal probe which still has eyes on several major retailers. Ontario’s Superior Court on Wednesday sentenced Toronto-based Canada Bread Co. after the company pled guilty to four counts of fixing bread prices […] Read more
Maple Leaf sees ‘inflection point’ beyond red ink of 2022
Packer books net losses in Q4, full-year
Another of Canada’s major pork and poultry packers has reported significant net losses in its 2022 ledger, but sees “green shoots” suggesting a return to normal pork markets and stable supply chains this year. Maple Leaf Foods on Thursday reported a net loss of $311.89 million on $4.739 billion in gross sales for its fiscal […] Read more
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