M&A Deal Summary

Giannone Poultry Acquires Maple Leaf Foods - Drummondville Poultry Plant

On July 16, 2020, Giannone Poultry acquired agriculture company Maple Leaf Foods - Drummondville Poultry Plant from Maple Leaf

Acquisition Highlights
  • This is Giannone Poultry’s 1st transaction in the Agriculture sector.
  • This is Giannone Poultry’s 1st transaction in Canada.
  • This is Giannone Poultry’s 1st transaction in Quebec.

M&A Deal Summary

Date 2020-07-16
Target Maple Leaf Foods - Drummondville Poultry Plant
Sector Agriculture
Buyer(s) Giannone Poultry
Sellers(s) Maple Leaf
Deal Type Divestiture

Target

Maple Leaf Foods - Drummondville Poultry Plant

Drummondville, Quebec, Canada
Maple Leaf Foods, Inc. - Drummondville Poultry Plant is focused on processing chicken based in Drummondville, Quebec.

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Buyer(S) 1

Buyer

Giannone Poultry

St-Cuthbert, Quebec, Canada

Category Company
Sector Agriculture
DESCRIPTION

Giannone Poultry produces the best tasting, best quality chicken, and oversees every detail, from the egg to the grocery shelf or restaurant table. It takes advantage of a product that is fully vacuum-sealed over the entire surface in contact with the tray. In addition to improving presentation and optimizing the conservation of every cut, this method enhances the flavour. Vacuum-sealed packaging serves to accentuate the action of the seasonings or marinade.


DEAL STATS #
Overall 1 of 1
Sector: Agriculture M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Maple Leaf

Mississauga, Ontario, Canada

Category Company
Founded 1927
Sector Food
Employees13,500
Revenue 4.9B CAD (2024)
DESCRIPTION

Maple Leaf is a provider of consumer packaged prodcuts headquartered in Toronto, Ontario. Company make high-quality, great tasting, nutritious and innovative food products under leading brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Schneiders Country Naturals and Mina. Maple Leaf Foods was founded in 1927 and is based in Mississauga, Ontario.


DEAL STATS #
Overall 5 of 5
Sector: Agriculture M&A 1 of 1
Type: Divestiture M&A Deals 5 of 5
State: Quebec M&A 1 of 1
Country: Canada M&A 5 of 5
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-13 VIAU Foods

Laval, Quebec, Canada

VIAU Foods produces a range of value-added prepared meat products including Italian cooked meats, sausages, pizza toppings, shaved steak, and meatballs. It also produces a range of gourmet deli and premium charcuterie products including salametti, capicollo, pancetta, and sliced chorizo. VIAU is a leading supplier of dried pepperoni and other pizza toppings to the North American foodservice industry and markets its products through retailers across Canada.

Buy $215M