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

Maple Leaf Foods has announced it will buy the Puratone Corporation, the cash-strapped Manitoba hog production company, for approximately $42 million. The purchase includes Puratone’s livestock, facilities and interests in some joint ventures. The transaction is expected to close within a month, subject to court and regulatory approvals, according to a news release. . “This… Read More

Niverville, Manitoba-based Puratone Corporation is the second major hog producer in as many weeks to hit the skids, Harry Siemens reports . Puratone filed for creditor protection today, after the board of directors agreed it was the only viable alternatives given the present financial state of the company. Puratone is a major hog supplier to Maple… Read More

 

Register for a RealAgriculture account to manage your Shortcut menu instead of the default.

Register