Canada’s Competition Bureau has approved the sale of Puratone Corporation to Maple Leaf Foods and Big Sky Farms to Olymel in a major step towards consolidation of Canada’s and especially Western Canada’s hog industry. The bureau said in a statement: “the Bureau concluded that the mergers were unlikely to lead to a substantial lessening or… Read more »
Tag: Olymel
Bidding Begins for Big Sky Farms
Quebec-based Olymel has officially made a bid for Big Sky Farms, the Saskatchewan-based hog producer that recently entered receivership. Olymel has made a bid of $65 million to purchase the company. If successful, it’s likely operations would not change significantly, as Olymel processed much of Big Sky’s production. While this is the only current bid,… Read more »