Home Crop Monitoring Maple Leaf to purchase four Saskatchewan hog farms

Maple Leaf to purchase four Saskatchewan hog farms

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Maple Leaf Meals is saying that it has reached an settlement to purchase four pig farms in central Saskatchewan from the Polar Pork group of firms.

The acquisition will improve Maple Leaf Meals’ general pig provide and manufacturing capability, the corporate says.

Topic to satisfaction of closing circumstances, the purchase is anticipated to shut in June 2022 and can embody two sow barns and two nursery barns with the potential to provide roughly 140,000 pigs to Maple Leaf Meals.

Provide safety from the transaction is instantly tied to the corporate’s plans to develop manufacturing at its pork processing plant at Brandon, Man.

“This purchase offers us ready access to some of the healthiest hogs in Saskatchewan that will allow us to enhance our deliveries of high-quality pork to customers in Canada and Asia,” says Michael Detlefsen, president of the Maple Leaf Meals Pork Advanced. “Bringing these barns into Maple Leaf Foods aligns with our strategy to pursue growth both domestically and abroad.”

Detlefsen provides that the corporate could be very impressed with the ability the Possberg household and the staff at Polar Pork have introduced to the operations. “Based on this foundational work, Maple Leaf Foods is well positioned to build on its strengths and high standards to raise healthy pigs in Saskatchewan and produce high quality pork.”

Maple Leaf Meals expects to make investments up to $27 million within the barns over time, inclusive of acquisitions prices and capital investments.

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