TORONTO, Jan. 19, 2015 /PRNewswire/ - 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