Canada Bread Acquires Maple Leaf Bakery Operations

Maple Leaf Foods Inc. and Canada Bread Company Limited, announced on October 10, 2002, that Canada Bread would purchase all of Maple Leaf’s bakery operations. The bakery operations consist of all its U.S. and U.K. existing bakery operations. The transaction was completed on December 27, 2002, with a purchase price of $266 million.

Canada Bread was represented by Bill Orr, Malcolm Boyd and Paul Franco of Heenan Blaikie LLP. Maple Leaf was represented by Osler, Hoskin & Harcourt LLP with a team led by Donald Ross, and including Laurie Barrett, Andrew Kingissepp, Dana DiBartolo, Dean Gresdal, Katty Habib, Sonya Reiss, Jennifer Campbell and Trevor Ingram.