George Weston Limited announced that it has signed a definitive agreement to sell its Weston Foods fresh and frozen bakery businesses to affiliated entities of FGF Brands Inc. ("FGF") for aggregate cash consideration of $1.2 billion. ... Continue reading: George Weston Limited Announces the Sale of its Weston Foods Fresh and Frozen Businesses.
FGF Brands is a Canada-based food processing company that manufactures and supplies products such as muffins, sliced cakes, and donuts for individuals and retailers.