Canadian company Olymel has closed the acquisition of Pinty’s Delicious Foods for an undisclosed amount.
Pinty’s Delicious Foods is an Ontario-based poultry slaughtering and processing company that supplies fully-cooked products.
The deal was announced in June and received approval from the Competition Bureau of Canada.
Headquartered in Burlington, Ontario, Pinty’s operates three processing plants in the province, which are located in Port Colborne, Paris, and Oakville. It distributes its products across Canada and the US under various brands, including Pinty’s Food Service, Pinty’s Pub & Grill, Pinty’s Eat Well, Pinty’s Perfect Portions and Pinty’s Delicious Food.
Olymel president and CEO Réjean Nadeau said: “Olymel is proud to welcome Pinty’s employees and to continue the adventure that began more than 70 years ago by the Vanderlaan and Pintwala families, who built a solid Ontario-based company that has become a gold standard in the Canadian poultry industry.
“We will continue this tradition while adding Olymel’s experience and expertise and continuing the success of Pinty’s brands in the Canadian market. In addition to Pinty’s three facilities, Olymel also operates two poultry processing plants in Brampton, thus strengthening its presence in Ontario.”
With the completion of the acquisition, Pinty’s will operate as a separate business entity. It will continue to serve its existing customers and honour its supply agreements.
Pinty’s Delicious Foods board chair Jack Vanderlaan said: “Since last June, our two companies have had ample opportunity to get to know each other better and share their visions of the future.
“I am confident that Pinty’s employees will recognise themselves in Olymel, a major Canadian company that has become a leader in its field in Canada in just a quarter of a century.
“With a Canada-wide presence and expertise in the processing and marketing of high-quality poultry products, Olymel will be able to breathe new life into Pinty’s, to the benefit of our employees and suppliers, as well as our clients and consumers.”
