Llewellyn S. Smith, chairman of Winona, Ontario-based E.D. Smith & Sons, a Canadian food company since 1882, yesterday [Monday] announced the completion of the sale of the company to Imperial Capital Corporation of Toronto, which is commitmented to building on E.D. Smith's past successes.

"The future of E.D. Smith is in very good hands," said Llewellyn Smith. "Imperial Capital has the experience, resources and knowledge to help the company grow from our established Canadian base, while respecting our strong culture and long history of achievement in Canada."

"E. D. Smith is a great Canadian company," said Stephen Lister, Managing Partner of Imperial Capital. "We are excited about partnering with an experienced and dedicated team of employees to build on the company's wonderful legacy. Working closely with the team, we will realize our vision of becoming a significant player in the North American food industry."