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TORONTO —
George Weston Ltd. is putting its Weston Foods bakery business up for sale.
The company says the decision follows a strategic review by its board of directors.
George Weston says it wants to focus on its retail and real estate operations.
The company holds a majority stake in Loblaw Companies Ltd. and a large interest in Choice Properties Real Estate Investment Trust.
Weston Foods produces bread, rolls and other baked goods in Canada and the U.S.
It had $2.1 billion in sales in 2020.
This report by The Canadian Press was first published March 23, 2021
decision follows a strategic review by its board of directors.
This is a breaking news update. More to come…
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