George Weston puts Weston Foods bakery business up for sale
Posted Mar 23, 2021 5:18 am.
Last Updated Mar 23, 2021 7:15 am.
TORONTO – George Weston Ltd. is putting its Weston Foods bakery business up for sale.
The company said the decision follows a strategic review by its board of directors.
George Weston said it wants to focus on its retail and real estate operations.
The company holds a majority stake in Loblaw Companies Ltd. and a large interest in Choice Properties Real Estate Investment Trust.
Weston Foods produces bread, rolls and other baked goods in Canada and the U.S.
It had $2.1 billion in sales in 2020.
