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Canada Bread to Shut Down Its Bakery in Halifax in November

Mar 25, 2015

Canada Bread, a manufacturer and distributor of fresh bakery products, is set to shut down its bakery in Halifax, Nova Scotia, in November. The company will gradually phase out operations from as early as June, and will consolidate ...

Tags: Canada Bread, Villaggio, Food

Saputo Bakery Is Acquired by Canada Bread

Feb 4, 2015

Mexican baking company Grupo Bimbo's subsidiary Canada Bread has completed the acquisition of Saputo Bakery in a C$120m ($103.27m) deal. Earlier in December 2014, Canada Bread has entered into an agreement to this effect. Saputo ...

Tags: Saputo Bakery, baking company

Canada Bread Has Agreed to Acquire Saputo Bakery

Dec 22, 2014

Mexican baking company Grupo Bimbo's subsidiary Canada Bread has agreed to acquire Saputo Bakery, a subsidiary of Canadian dairy company Saputo, in a C$120m ($103.27m) deal. This acquisition of Canada's leading producer of snacks cakes ...

Tags: Canada Bread, Saputo Bakery, snacks cakes

Grupo Bimbo Pays $1.66bn for Acquisition of Canada Bread

May 27, 2014

Grupo Bimbo has completed the acquisition of Canada Bread Company, the bakery products division of Maple Leaf Foods, in a $1.66bn deal. According to Grupo Bimbo, the integration of Canada Bread will be reflected in its consolidated second ...

Tags: Grupo Bimbo, Bread

Canada Bread Shareholders Have Approved The Company's Proposed Sale of Grupo Bimbo

Apr 9, 2014

Canada Bread has announced that its shareholders have approved the company’s proposed sale to a wholly-owned subsidiary of Grupo Bimbo. At a special meeting on 3 April, the deal received approval from shareholders holding around ...

Tags: Canada Bread, Grupo Bimbo

Maple Leaf Foods Announced Changes to Its Organizational Structure and Leadership

Apr 2, 2014

Maple Leaf Foods today announced changes to its organizational structure and leadership that will be effective upon completing the sale of its 90% ownership in Canada Bread Company, Inc. to Grupo Bimbo, S.A.V. de C.V., which is expected to ...

Tags: Agriculture, Food

The Canadian Competition Bureau Has Approved Grupo Bimbo's Acquisition of Canada Bread

Mar 20, 2014

The Canadian Competition Bureau has approved Mexican firm Grupo Bimbo’s proposed acquisition of Canada Bread. In February, the Mexican firm agreed to acquire Canada Bread for C$1.83bn ($1.66bn). Canada Bread is the bakery products ...

Tags: Canadian Regulator, bakery products, Maple Leaf Foods

Maple Leaf Foods' Results for Fourth Quarter 2013 Was Reported

Mar 4, 2014

Maple Leaf Foods Inc. today reported its financial results for the fourth quarter and full year ended December 31, 2013. Adjusted Operating Earnings(1)(2)(3) for the fourth quarter was a loss of $21.7 million compared to Adjusted ...

Tags: Maple Leaf Foods, Food

Canada Bread Unveiled a New Line of Gluten-Free Loaves

Dec 16, 2013

Canada Bread, a manufacturer and distributor of fresh bakery products, has unveiled a new line of gluten-free loaves, Dempster’s Bakery Gluten Zero. Certified by the Gluten-Free Certification Program (GFCP) as gluten-free, the new ...

Tags: Gluten-Free Loaves, Canada Bread

Maple Leaf Foods Launches an Auction for Bakery Business,Includes 90%-Owned Canada Bread

Oct 30, 2013

Maple Leaf Foods, a Canada-based meats and baked goods producer, has launched an auction for its bakery business, which includes 90%-owned Canada Bread. Canada Bread is a manufacturer bread, rolls, bagels and sweet goods, specialty pasta ...

Tags: Agriculture, Food, Bread

Canada Bread Divest Its Fresh Pasta and Sauce Business Olivieri Foods to Ebro Foods

Oct 28, 2013

Canada Bread, a manufacturer and distributor of fresh bakery products, is set to divest its fresh pasta and sauce business Olivieri Foods to Spanish firm Ebro Foods for $120m. Olivieri Foods manufactures flat and filled fresh pasta ...

Tags: Canada Bread, Olivieri Foods

Maple Leaf Foods Is Looking at Selling Its Bakery Business

Oct 23, 2013

Maple Leaf Foods, a Canada-based meats and baked goods producer, is looking at selling its Bakery business, which includes 90% stake in Canada Bread. The company has recently completed a comprehensive review of opportunities to accelerate ...

Tags: Maple Leaf Foods, Bread

Canada Bread Announces Plans to Close Two Bakeries

Feb 1, 2013

Canadian baker Canada Bread, in which Maple Leaf Foods has a 90% stake, has announced plans to close two bakeries, affecting around 120 jobs. The facilities are located in Grand Falls in New Brunswick and Edmonton in Alberta. The ...

Tags: Canada Bread, baker, Maple Leaf Foods

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