Yahoo Canada Web Search

Sign In

Search results

  1. www.newswire.ca › news-releases › george-westonGeorge Weston Limited announces the sale of its Weston Foods ...

    Oct 26, 2021 · The purchase price represents approximately a 10.0x multiple on the 2021 estimated EBITDA of the Weston Foods fresh and frozen bakery businesses. The fresh and frozen bakery businesses comprised ...

  2. www.newswire.ca › news-releases › george-westonGeorge Weston Limited announces the Closing of the sale of ...

    Dec 10, 2021 · The Weston Foods fresh and frozen bakery businesses comprise a leading North American manufacturer, serving retail and foodservice customers with packaged fresh bread and rolls and alternatives ...

  3. www.foodbusinessnews.net › articles › 19901-fgfFGF Brands to acquire Weston Foods assets for $1.2 billion

    Oct 26, 2021 · Source: George Weston Ltd. 10.26.2021. By Eric Schroeder. TORONTO — FGF Brands Inc., which describes itself as “a technology company that bakes,” has reached an agreement to acquire the ...

  4. www.torys.com › en › workGeorge Weston closes the sale of its Weston Foods fresh and ...

    Dec 9, 2021 · On October 26, 2021, George Weston Limited ("George Weston") announced that it signed a definitive agreement to sell its Weston Foods fresh and frozen bakery businesses to affiliated entities of FGF Brands Inc. ("FGF"). Closing of the C$1.1 billion transaction was announced on December 10, 2021.

  5. www.marketscreener.com › quote › stockFGF Brands Inc. completed the acquisition of Weston Foods ...

    Dec 9, 2021 · FGF Brands Inc. signed a definitive agreement to acquire Weston Foods Fresh and Frozen Bakery Businesses of George Weston Limited (TSX:WN) for CAD 1.2 billion on October 25, 2021. Under the terms of agreement, FGF Brands is paying the consideration in cash.

  6. www.supermarketnews.com › finance › loblaw-parentLoblaw parent sells Weston Foods fresh/frozen bakery business

    Oct 26, 2021 · Loblaw Cos. parent George Weston Ltd. plans to sell its Weston Foods fresh and frozen bakery business to baked goods manufacturer FGF Brands Inc. for $1.2 billion (Canadian) in cash. The deal ...

  7. People also ask

  8. www.foodmanufacturing.com › capital-investmentFGF Brands to Buy Weston Foods Fresh and Frozen Businesses ...

    Oct 28, 2021 · The purchase price represents approximately a 10.0x multiple on the 2021 estimated EBITDA of the Weston Foods fresh and frozen bakery businesses. The fresh and frozen bakery businesses comprised approximately 75% of Weston Foods' 2020 net sales. George Weston continues to be committed to selling its remaining ambient business – comprised of ...