Heinz and Highbury Canco Deal Finalized
Wednesday, May 21, 2014
Source: The Windsor Star/Grace Macaluso
The sale of the Heinz facility in Leamington to the Highbury Canco Corporation is now complete.
The processing company announced in an early-morning statement Wednesday that effective June 27, the factory will cease to be operated by the H.J. Heinz Company.
Highbury Canco will take over the facility and continue to manufacture Heinz products like its tomato juice, beans and canned pastas.
“Now that the deal has been concluded, the Highbury Canco Corporation is fully focused on establishing a strong production base in Leamington for Heinz and further strengthening our own brand,” said Pradeep Sood, director of Highbury in a statement.
“The HCC team is very excited about this venture and we are committed to growth and success over the coming years.” [Read More]