Exceldor Cooperative and Granny’s Poultry Cooperative Combine Operations
By Food in Canada staffBusiness Operations Processing Meat &Poultry Exceldor merger
Exceldor and Granny’s Poultry cooperatives announced today that they are combining their operations and members in a “historic alliance.”
The companies said in a release that the main objective of the merger is to create a large cooperative that will be a leader in the poultry sector in Canada with operations in Quebec, Ontario, and Manitoba, while keeping its ownership in the hands of producers committed to serving their customers well from coast to coast.
The move cements Exceldor’s leadership in the Canadian poultry industry with annual sales now reaching $1 billion.
The cooperative feels strongly that recent partnerships will allow it to improve its position within an industry that is experiencing marked changes and therefore become an even stronger and more agile organization in a highly competitive market.
Exceldor now has more than 3,450 employees in Canada and is owned by some 400 members in Quebec, Ontario, Manitoba, and Saskatchewan.
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