Sofina Foods Inc. is buying Fearmans Pork from Sun Capital Partners Inc. for an undisclosed amount.
Fearmans is Ontario’s largest pork plant.
Sun Capital bought the Burlington facility and the Fearmans trademark from Maple Leaf in late 2010 and operated the plant as a standalone business.
Sofina, a growing, private, family owned Canadian food company headquartered in Markham, Ont., will take possession of Fearmans once regulatory approvals are re-ceived.
“This acquisition provides Sofina with secure access to high quality raw materials that will allow us to grow our fresh meat markets and build and sustain our further processed protein business,” Sofina chair and chief executive officer Michael Latifi said in a news release.
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Sofina’s branded products include Lilydale, Fletcher’s, Vienna, Cuddy and Quality Meats.
With the Fearmans plant, Sofina Foods will operate 12 manufacturing facilities in Canada and one in the northwestern United States. It has more than 3,000 employees.
Marc Leder, co-CEO at Sun Capital Partners, said Fearmans has evolved well as a standalone business.
“Management has effectively created an infrastructure and stabilized hog procurement, which assures the region’s hog farmers that they have a committed and capable partner. Sofina Foods is a natural steward for the next stage of its growth.”
