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  • ABOUT
    • Gama
    • Our Network
    • Media
  • PRODUCTS & SERVICES
    • Gama Compass
    • Gama Field Services
    • Gama Market Entry
  • CATEGORIES
    • Food
    • Alcoholic Drinks
    • Non-Alcoholic Drinks
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  • NEWS & INSIGHTS
    • Global News
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George Weston

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1 MIN READ

Canada: George Weston to sell Weston Foods fresh and frozen business

October 29, 2021
-
Food, Mergers & Acquisitions, North America

George Weston has announced it has entered into an agreement to sell its Weston Foods fresh and frozen business to affiliated entities of FGF Brands, a technology-oriented bakery company, for an aggregate cash consideration of C$1.2 billion  ($970.6 million). The Weston Foods fresh and frozen bakery businesses serve retail and foodservice customers with packaged fresh bread and rolls and alternatives, as well as frozen and artisan bread and rolls, cakes, …

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