August 2, 2009, Moncton, NB – Cavendish Farms has bought the appetizer division of Omstead Foods.
The deal includes the purchase of the Omstead Appetizers name, the processing equipment at the Wheatley, Ont. plant, as well as a lease on the factory.
Financial terms of the deal were not revealed.
“Cavendish Farms is focused on investing in strategic growth opportunities that are a good fit for our existing businesses and expand our product offering to valued customers,” said Robert Irving, president of the company.
“This acquisition greatly enhances our presence in the food service and retail sector in Canada, and adds to our presence in the U.S. market as well.”
The company said it expects to keep most of the 150 current Omstead employees working at the appetizer plant.
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