GFM Network News

Maple Leaf to buy Quebec pepperoni processor

Meat processor Maple Leaf Foods plans to boost its space in the pepperoni and dry-cured meats market with a deal for Montreal-based Viau Foods. Toronto-based Maple Leaf announced Tuesday it will pay $215 million, including $30 million in Maple Leaf shares, for Viau, which today bills itself as “Canada’s most important independent producer of pepperoni.” […] Read more

JBS to buy U.S. pork processor Plumrose

U.S. ham and bacon processor Plumrose is set to become an arm of major Brazilian meatpacker JBS. JBS, whose holdings include one of Canada’s biggest beef packing plants at Brooks, Alta., announced Monday it has an agreement in place to buy Plumrose from Danish co-operative Danish Crown for US$230 million. The deal would give JBS […] Read more

Olymel ham consolidation spurs more plant upgrades

Meat packer Olymel’s plans to consolidate its ham production work has led to a new round of plant upgrades. Olymel, the protein arm of Quebec agricultural co-operative La Coop federee, announced Wednesday it has budgeted $3 million in “redevelopment” work for its Beauce-region hog slaughter plant at Vallee-Jonction, about 60 km southeast of Quebec City. […] Read more

Olymel pork plant to get $11 million in upgrades

Pork and poultry packer Olymel has budgeted $11 million in expansions and new equipment for a Quebec sausage processing plant to handle hams and other smoked meats and boost its output by about 50 per cent. The company, part of agrifood and ag retail co-operative La Coop federee, announced Thursday that upgrades are expected to […] Read more