Grand River Foods sells fresh poultry processing division
Canadian company to focus on ready-to-eat prepared foods business
The Ontario division, which employs roughly 100 people, is scheduled to close at the end of January 2012. The sale will give Maple Lodge expanded access to fresh chicken for its processing business, and will provide Grand River with the funds it needs to invest further in its Cambridge prepared foods business, according to the companies.
Chicken Farmers of Ontario has provided the regulatory approval for the transfer. The deal is set to close on December 1.