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Cargill Division Buys Caravelle Foods
NEW YORK - Sep 8/04 - SNS -- Cargill's Sun Valley Foods bought Caravelle Foods, a producer of frozen beef patties for the Canadian quick service restaurant industry.
The acquisition involves both Caravelle locations: one in Spruce Grove, Alberta and the other in Brampton, Ontario, employing approximately 120 people. Terms of the transaction were not disclosed.
Currently headquartered in London, Ontario, Sun Valley Foods supplies further processed chicken to the Canadian food service industry. The business consists of a hatchery in Jarvis, Ontario, and a chicken processing facility in London, Ontario. Cargill Limited first established itself in Canada in 1928.
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