Market News
01Dec2006 |
Maple Leaf to Shed Animal Feed BusinessMaple Leaf Foods Inc. has enlisted the help of a financial advisor to assist in the sale of its Maple Leaf Animal Nutrition and related businesses. The company announced plans to shed the business in October as it turns its focus to the value added meats and meals markets. Maple Leaf said it plans to keep only those feed mills necessary to service its own hog production operations in Western Canada. The process of selling the unit, which is Canada’s largest feed business, is expected to start in January. Source: Canadian Grocer E-Newsletter, December 1, 2006. 
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