TORONTO,
May 5, 2014 /CNW/ - Weston Foods, a
subsidiary of George Weston Limited
("Weston") (TSX: WN), announced today that it has completed the
purchase of Rubschlager Baking Corporation ("Rubschlager") of
Chicago, Illinois.
Rubschlager has a 100 year history of baking a full range of
authentic, high-quality rye breads and products for the North
American market. Rubschlager's products are sold across
the United States and Canada and include a wide range of deli-style
cocktail breads (its signature product), traditional square breads,
100% whole rye Rye-Ola® bread, sandwich bread and
mini-bread chips.
Kevin McDonough,
President of Weston Foods' Frozen Division, commented "Rubschlager
will bring world-class, authentic rye products and capabilities to
complement Weston's broad portfolio of bakery products. We plan to
offer these great rye products to our customers in Canada and the US through our existing sales
network." Weston Foods is excited to work with Paul and Joan Rubschlager, who will continue to
be ambassadors of the Rubschlager brand and help transition the
business to Weston Foods ownership. 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.
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