Olymel finalizes acquisition of Pinty’s Delicious Foods Inc.
Olymel L.P. has closed the transaction for the acquisition of all the shares of Pinty’s Delicious Foods Inc., an Ontario poultry slaughtering and processing company that specializes in fully cooked products and other related products. This transaction was first announced in June and has since been approved by the Competition Bureau of Canada. The amount of this transaction will not be disclosed.
Headquartered in Burlington, Ontario, Pinty’s employs 360 people. The company operates three processing plants, respectively located in Port Colborne, Paris, and Oakville, Ontario. Pinty’s distributes its products throughout Canada and the United States under the brands Pinty’s Food Service, Pinty’s Pub & Grill, Pinty’s Eat Well, Pinty’s Perfect Portions and Pinty’s Delicious Food Inc.
Both companies will continue their activities independently. Pinty’s will continue to serve its current customers and honour its supply agreements according to the prevailing poultry market conventions in Ontario. Olymel has also been working closely with the Chicken Farmers of Ontario (CFO) to ensure a smooth transition and will pursue a relationship that will make the Ontario poultry industry prosper.
Olymel now operates 12 poultry facilities, located in Quebec, Ontario and New Brunswick, serving the entire Canadian market under the Olymel, Flamingo and Galco brands. The company’s production facilities also have the capacity to serve private brands.