Canada Bread
| subsidiary | |
| Industry | Bakery |
| Founded | 1911 |
| Founder | merger |
| Headquarters | Toronto, Ontario, Canada |
Area served | Canada, United States, United Kingdom |
Key people |
C. Barry McLean, President of Canada Bread Fresh Bakery Michael H. Vels, CFO |
| Products | Fresh Bread and Frozen Bread |
| Owner | Grupo Bimbo (90%) |
Number of employees | 8700 (5200 in Canada) |
| Subsidiaries |
Maple Leaf Bakery Maple Leaf Bakery U.K |
| Website |
www |
Canada Bread (Canada Bread Company Limited) is the Bakery Products Group of Maple Leaf Foods based in Toronto. The logo is a combination of a "CB" (the company's initials), a Maple Leaf (for both the flag of Canada, and the company's parent), and a wheat shoot. On February 12, 2014 was announced that Grupo Bimbo entered in a definitive agreement to buy Canada Bread for 1.83 billion dollars.
History
Established in 1911 through the merger of several independent bakeries:[1]
- Model Bakery
- Toronto Bakery
- Stuart's Limited
- Boyd's Bakery
- Bredin Bakery Company Limited (c. 1890)
The bakery grew and expanded with bakeries across Ontario. Today Canada Bread has 22 bakeries and operates in Canada, the United States and United Kingdom.[2]
From 1969 to 1997 the company was known as Corporate Foods Limited and return to the old name in 1997.[1] The company acquired Dempster's Bread Limited in 1968 and then acquired by Maple Leaf Foods (which owns 90% of Canada Bread).[3]
Product lines
- Dempster's
- Bon Matin
- Ben's
- POM
- McGavin's
- Smart
See also
- George Weston Limited, owner of Toronto-based rival Weston Bakeries
References
External links
| ||||||||||||||||||