TORONTO – George Weston Limited ("Weston") (TSX: WN), announced today that Maplehurst Bakeries, LLC, a subsidiary of Weston Foods, has agreed to the purchase of Creative Occasions, Inc., a manufacturer of decorated cakes, based in Nashville, Tennessee. The transaction is expected to close by the end of January 2015. Creative Occasions was founded on the premise of bringing the old fashioned corner neighborhood bakery quality to their customers. Creative Occasions' products are sold throughout the United States.
Kevin McDonough, President of Weston Foods' Frozen and Biscuit Divisions, commented "This strategic acquisition adds talented people, high quality new products and capability to our growing cake portfolio. It will support the growing needs of our customers as we plan to offer an expanded and high quality portfolio of products to our customers throughout the United States and Canada." This acquisition supports Weston Foods' commitment to continue to grow and offer best-in-class, innovative and quality bakery products to the North American market.
Founded in 1967, Maplehurst Bakeries produces bakery products, including donuts, pies, cakes, sweet goods, breads and rolls, and gluten-free items for in-store bakery and foodservice customers. With products sold across North America, the company currently operates facilities in Washington, New Hampshire, New York, Georgia, Illinois and Indiana.
George Weston Limited is a Canadian public company founded in 1882 and through its operating subsidiaries constitutes one of North America's largest food processing and distribution groups. Weston has two reportable operating segments: Weston Foods and Loblaw, which is operated by Loblaw Companies Limited. The Weston Foods operating segment is primarily engaged in the baking industry within North America. Loblaw is Canada's largest food distributor and a leading provider of general merchandise, drugstore and financial products and services.
Source: George Weston Limited
