1999/05/31

Maple Leaf Closes Sale Of Country Style

TORONTO, ONTARIO--Maple Leaf Foods Inc. today announced that it has
successfully completed the sale of Country Style Food Services Inc., its
Franchising Operations, to a group including CAI Capital Partners and Company
II, L.P. and Country Style management in a transaction valued at $45 million.
Closing took place as scheduled on May 28, 1999.

A gain on the transaction will be recorded in the second quarter.

The transaction is consistent with the Company's Core 7 Strategy of focusing on
core businesses and presents growth opportunities for Country Style than can be
more fully realized on a stand-alone basis.

Maple Leaf Foods is a leading global food processor with annual sales of more
than $3 billion. The Company employs approximately 11,000 people

More news releases and speeches

News releases

Media Advisory - Maple Leaf Foods Inc. 2021 Third Quarter Financial Results Conference Call

20/10/2021

MISSISSAUGA, ON , Oct. 20, 2021 /CNW/ - Maple Leaf Foods Inc. (TSX: MFI) will report its financial results for the third quarter 2021 on November 4, 2021 . The financial results w ...

Field Roast Expands Distribution of Plant-Based Pepperoni and Dairy-Free Shredded Cheese with National Launch in Whole Foods Market Stores

18/10/2021

CHICAGO, October 18, 2021 – Greenleaf Foods, SPC, owner of leading plant-based brands Lightlife® (“Lightlife”) and Field Roast™ (“Field Roast”), announced today that its Field Roast P ...

Lightlife Expands Distribution at Walmart, Adds Plant-Based Burgers, Breakfast Links and Patties

14/10/2021

New distribution marks first-ever debut of plant-based products in Walmart’s breakfast meat section CHICAGO, October 14, 2021 – Greenleaf Foods, SPC, owner of leading plant-based brands L ...

Speeches

Nadia Theodore Addresses the House of Commons Standing Committee on Agriculture and Agri-Food

23/02/2021

Good afternoon, My name is Nadia Theodore and I am the Senior Vice President, Global Government and Industry Relations at Maple Leaf Foods. I am here representing the largest food processing compa ...

Food Security: It's Time To Act

13/12/2016

Michael McCain keynote speech - Canadian Club of Toronto, Dec.12, 2016 Canada is the world’s breadbasket - abundant in both farmland and wealth – and yet 4,000,000 Canadians and 1 in 6 childre ...

Speech: Building a Sustainable Future, Michael McCain Remarks, 2016 Annual and Special Meeting of Shareholders

06/05/2016

Maple Leaf Foods, 2016 Annual and Special Meeting of Shareholders Remarks by Michael H. McCain, Chief Executive Officer & President My father, Wallace McCain, passed away five years ago this ...