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    • Gama Field Services
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  • CATEGORIES
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Lightlife

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1 MIN READ

Canada: Maple Leaf Foods to acquire Lightlife Foods

February 28, 2017
-
Mergers & Acquisitions, North America

Canadian consumer packaged meats company Maple Leaf Foods has announced the acquisition of Lightlife Foods, a US company producing of vegetarian and vegan meat substitutes, for $140 million and related costs. Lightlife manufactures over 30 products in its facility in Massachusetts including plant-based tempeh, hot dogs, breakfast food and burgers. In 2016, the company reported sales of approximately $40 million with a US market share of 38% . “The acquisition of …

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