The sale of Saskatchewan Wheat Pool’s hog operation to a subsidiary of Stomp Pork Farms Ltd. will close May 21.
The provincial Court of Queen’s Bench approved May 14 the offer from Sterling Pork Farm to buy Heartland Pork Management Services and seven hog operations that are either wholly or partly owned by the pool.
The pool had been providing interim financing to the operations since they sought protection from their creditors April 13.
Earlier last week a judge extended that protection to June 30, while the court considered the offer to purchase.
Under the terms of the offer, the employees in the seven barns will keep their jobs. Managers at the Regina head office will not.
Stomp owns 7,500 sows and manages another 1,500 at nine facilities in the Leroy, Sask. area. Adding the barns at Cudworth, Flintoft, Davidson, Carrot River, Dinsmore, Perdue and Neilburg will create a 26,000-sow operation.
