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Sun Valley Foods, a division of Cargill Limited, acquires Caravelle Foods
September 8, 2004
London, Ontario - Sun Valley Foods, a division of Cargill Limited, announced today that it has purchased Caravelle Foods , an award-winning business which produces frozen beef patties for the Canadian quick service restaurant industry . The acquisition involves both Caravelle locations: one in Spruce Grove, Alberta and the other in Brampton, Ontario, employing approximately 120 people.
Terms of the transaction were not disclosed.
“Since January 2002, we have been supplying further processed chicken products to the Canadian food service industry. With this acquisition, we are looking forward to expanding our protein offerings,” said David Andrzejewski, Managing Director for Sun Valley Foods.
“This acquisition will allow Sun Valley Foods to dramatically increase our ability to provide customer solutions across the country from a number of different locations and across a broader spectrum of products. We are becoming a truly trans-Canadian company.”
Currently headquartered in London, Ontario, Sun Valley Foods, a division of Cargill Limited, is a major supplier of further processed chicken to the Canadian food service industry. The business consists of a hatchery in Jarvis, Ontario, and a chicken processing facility in London, Ontario. Cargill Limited first established itself in Canada in 1928.
Angela Dowd
Manager of Public Affairs
Sun Valley Foods
Telephone:
(519) 453-4996 Ext. 435
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