Maple Leaf Foods announces definitive agreements to sell turkey growing operations
Maple Leaf Foods announced that it has entered into definitive agreements to sell the company's commercial turkey farms to Ernald Enterprises Limited and its breeder farms and hatchery operation to Cuddy Farms Limited. The transactions are expected to close by the end of July.
Maple Leaf's turkey growing operations employ more than 100 employees in southern Ontario. They include a hatchery and six breeder farms that supply turkey eggs and poults (day-old turkeys) to domestic and international markets and six commercial farms that supply market-ready live birds to Maple Leaf's turkey processing facility in Thamesford, Ontario. The terms of the transaction include a long-term supply of live birds to Maple Leaf from Ernald Enterprises. The vast majority of employees will transition to Ernald Enterprises and Cuddy Farms once the transactions close.