CANADA: Clearly M&A hire signals natural, organic push
Clearly Canadian Brands, the owner of baby food business My Organic Baby, has appointed Samantha Alfonzo, a mergers and acquisitions specialist, to its board of directors.
Alfonzo, currently legal counsel for an Ontario-based group, previously provided consulting services to international corporations in the Caribbean.
"We are pleased to welcome Samantha Alfonzo to our board of directors," said Bobby Genovese, chairman of the board of Clearly Canadian. "She brings with her a history of achievements and specific expertise in the areas of mergers and acquisitions that will be extremely advantageous as we continue to execute our growth model."
The appointment will present opportunities for the company to accumulate "top quality, expandable brand names in the natural and organic sector," Genovese added.
In May this year, Clearly Canadian signed a deal to buy kosher meat business Baldwin Street Kosher.
The company sells a range of hot dogs, sausages and salamis, as well as a range of kosher- and gluten-free meat products.
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