Maple Leaf Foods Closes Sale of Drummondville Poultry Plant to Giannone Poultry

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Maple Leaf Foods Closes Sale of Drummondville Poultry Plant to Giannone Poultry

Canada NewsWire

MISSISSAUGA, ON, July 28, 2020 /CNW/ - Maple Leaf Foods Inc., (TSX: MFI) today announced that it has completed the previously announced sale of its poultry plant in Drummondville, Quebec, including the associated supply, to Giannone Poultry of St. Cuthbert, Quebec. 

In connection with the sale, Maple Leaf Foods and Giannone have entered into a three-year supply agreement that will allow Maple Leaf Foods to maintain its supply of fresh chicken.   The completion of this transaction is part of Maple Leaf Foods' overall network optimization strategy. 

About Maple Leaf Foods
Maple Leaf Foods Inc. is a producer of food products under leading brands including Maple Leaf®, Maple Leaf Prime®, Maple Leaf Natural Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®, Greenfield Natural Meat Co.™, Lightlife™, Field Roast Grain Meat Co.™ and Swift®. Maple Leaf employs approximately 13,000 people and does business in Canada, the U.S. and Asia. The Company is headquartered in Mississauga, Ontario and its shares trade on the Toronto Stock Exchange under the ticker symbol MFI.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/maple-leaf-foods-closes-sale-of-drummondville-poultry-plant-to-giannone-poultry-301101519.html

SOURCE Maple Leaf Foods Inc.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2020/28/c4164.html

Copyright CNW Group 2020

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).