Maple Leaf Foods was founded over 100 years ago through the merge of multiple superior food companies.
In 1991 the union of Maple Leaf Mills Limited and Canada Packers Inc. created the company currently known as Maple Leaf Foods Inc., Canada’s largest food processor. In 1995 McCain Capital Corporation and the Ontario Teachers Pension Plan Board attained regulatory attention in the company from Hillsdown Holdings plc and continue to be controlling shareholders today.
Maple Leaf Mills was formed in 1961 through the union of the Maple Leaf Milling Company Limited, Toronto Elevators Limited and Purity Flour Mills Limited. Its roots can be traced back to 1845 to Grantham Mills, built in 1836 in St. Catharines, Ontario.
Canada Packers Inc. was created in 1927 in Toronto, Ontario through the merge of the Harris Abbatoir Company, Gunns Limited and the William Davies Company. Canada Packers Inc. lead the meat processing industry and was a superior researcher, processor and marketer of a wide range of meat and agri products nationionally and internationally.
Maple Leaf Foods Inc. owns 90% of Canada Bread Company, Limited
which was established in 1911 by the union of five separate companies. In the
last 100 years Canada Bread has developed and became an significant
manufacturer of value-incorporated flour-based products including common
household brands such as Dempsters and Oliveiri.
Never knew that Maple Leaf Foods own most of the shares of Canada Bread Company. Thanks for the information.
ReplyDeleteIt's so interesting to know Maple Leaf Foods has such a rich history. Their practice and success surely will give many insights and lessons for new business person to learn.
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