Sun Valley Foods, a division of US food and agribusiness Cargill, has announced that it has acquired Canada’s Caravelle Foods.
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The acquisition involves both Caravelle locations: one in Spruce Grove, Alberta, and the other in Brampton, Ontario, employing about 120 people. Terms of the transaction were not disclosed.
London, Ontario-based Sun Valley Foods supplies processed chicken to the Canadian foodservice industry. Caravelle Foods produces frozen beef patties for the Canadian quick service restaurant industry.
“Since January 2002, we have been supplying further processed chicken products to the Canadian food service industry. With this acquisition, we are looking forward to expanding our protein offerings,” said David Andrzejewski, managing director of Sun Valley Foods.
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