Skip to content

Maple Leaf Foods signs deal to buy four pig farms in Saskatchewan

2021063008060-60dc5d25af03c317da5d09c8jpeg

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. has signed a deal to buy four pig farms in central Saskatchewan from a group of companies known as Polar Pork. 

The agreement includes two sow barns and two nursery barns with the potential to supply 140,000 pigs.

The company says it expects to invest up to $27 million in the barns over time, including acquisition costs and capital investments.

Maple Leaf Foods says the deal is part of its plan to grow production at its pork processing plant in Brandon, Man.

The acquisition is expected to substantially increase the number of pigs it can produce in Saskatchewan.

The deal is expected to close in June 2022, subject to conditions.

This report by The Canadian Press was first published June 30, 2021.

Companies in this story: (TSX:MFI)

The Canadian Press


Looking for National Business News?

VillageReport.ca viewed on a mobile phone

Check out Village Report - the news that matters most to Canada, updated throughout the day.  Or, subscribe to Village Report's free daily newsletter: a compilation of the news you need to know, sent to your inbox at 6AM.

Subscribe