Olymel closes the acquisition of Ontario company Pinty's Delicious Foods Inc.
November 26, 2018
On November 26, 2018, Olymel L.P. 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.
Olymel L.P. is Canada's leader in the production, processing and distribution of pork and poultry meats. The company has made feeding the world its mission, which it pursues passionately with products of impeccable quality. The company employs over 13,000 persons and has production and processing facilities in Quebec, Ontario, Alberta, New Brunswick and Saskatchewan.
McCarthy Tétrault LLP advised Olymel L.P. with a team led by Éric Gosselin and Matthieu Rheault that included Eloïse Gagné, Matthew Harris (Business), Dominique Amyot-Bilodeau (Environmental), Alexandra Carbone (Tax), Véronique Wattiez Larose (Intellectual Property), Ben T. Aberant (Labour & Employment), Kelleher Lynch (Pensions & Benefits), Dominic Thérien (Competition) and Charlene Schafer (Real Property).