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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 ...
Dec 10, 2008 · ”WFI’s business, based primarily on the East Coast, will geographically and commercially complement Grupo Bimbo’s existing operations, reunite the brand portfolio following Grupo Bimbo’s acquisition of George Weston’s Western U.S. baking business in 2002, an create a national platform on which to forge stronger partnerships with national retailers.
Oct 26, 2021 · TORONTO, Oct. 26, 2021 /CNW/ - George Weston Limited ("George Weston" or the "Company") (TSX: WN) today announced that it has signed a definitive agreement to sell its Weston Foods fresh and ...
Oct 26, 2021 · 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 Weston Foods fresh and frozen bakery businesses of George Weston Ltd. for $1.2 billion. The purchase price represents approximately a 10x multiple on the 2021 estimated EBITDA of ...
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.
Dec 10, 2021 · FGF operates in 7 bakery categories and owns multiple brands, including Stonefire Authentic Flatbreads and Simple Joys Bakery, manufactured in bakery locations across Canada and the United States ...
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Dec 29, 2021 · The transaction is part of Weston Foods’ move to sell its entire bakery business. FGF Brands, Inc. in October announced it reached an agreement to acquire the company’s fresh and frozen bakery businesses for $1.2 billion. The businesses serve retail and foodservice customers with packaged fresh bread, frozen bread, rolls, cakes, donuts and ...
