George Weston Limited

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Weston Foods sale process to start next week

14 May 2021

The parent company behind Canada-based bakery business Weston Foods has given an update on its plan to sell the asset.

Private equity, Flowers Foods touted for Weston Foods bakery assets

20 Apr 2021

North American bakery businesses Weston Foods is up for sale. We look at why – and what level of interest there could be in the assets.

Canadian baker Weston Foods put up for sale

23 Mar 2021

Canada-based bakery supplier Weston Foods is set for an ownership change following an announcement from its parent company George Weston Ltd.

Amid overhaul, Weston Foods remains positive despite H1 profit fall

1 Aug 2018

Amid increasing competition, Weston Foods, one of North America’s largest bakery products businesses, is undergoing what its parent company has called a "transformation programme" aimed at becoming a "premier player" in the industry and delivering "solid financial results". Yesterday, Weston Foods reported falling half-year sales and earnings. Simon Harvey had a look at the numbers.

Canadian baker Weston loses contract with Walmart

30 May 2018

Weston Foods, the Canada-based bakery supplier, has lost its contract to supply Walmart's stores in the country.

Canada launches probe into alleged bread price-fixing

1 Nov 2017

Canada's Competition Bureau has launched an investigation into alleged price fixing on packaged bread products in an industry-wide probe that was acknowledged by local manufacturer George Weston Ltd and retailer stablemate Loblaw. 

Chickapea organic pasta maker gets backing of George Weston fund

22 Aug 2017

Canada's Chickapea pasta company plans to expand its presence in the US after receiving funding from District Ventures Capital.

Results "below expectations" at Canada's Weston Foods

28 Jul 2017

Weston Foods, the manufacturing arm of Canadian food processing and distribution business George Weston Ltd, has recorded results described as "below expectations" by the parent company's CEO.

George Weston Ltd names Richard Dufresne as president

14 Jun 2017

George Weston Ltd., the owner of Canada-based bakery group Weston Foods and retail giant Loblaw, has announced CFO Richard Dufresne will be appointed president of the company with effect from 1 January.

Weston Foods sales dip on "unfavourable" forex

9 May 2017

Weston Foods, the manufacturing arm of Canada's George Weston Ltd, has reported a fall in revenue and underlying earnings for the first quarter of 2017.

George Weston Ltd shakes up senior management

19 Jan 2017

George Weston Ltd., the owner of Canada-based bakery group Weston Foods and retail giant Loblaw, today (19 January) announced a series of management changes.

Weston Foods continues to see sales grow in Q3

22 Nov 2016

Canada-based food manufacturer and retailer George Weston Limited has reported another quarter of rising sales for its Weston Foods business, contributing to top-line growth and improved earnings from the unit during the first nine months of the year.

CANADA/US: Weston Foods buys rye-bread manufacturer Rubschlager

6 May 2014

North America-based bakery firm Weston Foods, a subsidiary of George Weston Limited, had announced the acquisition of rye-bread producer Rubschlager Baking Corporation.

CANADA: Loblaw boosts Q1 profits at owner George Weston

7 May 2013

Canadian food manufacturer and retailer George Weston Limited has reported higher first-quarter profits after improved results from retail arm Loblaw.

CANADA: Loblaw warns on 2012 outlook

23 Feb 2012

Canada's largest supermarket chain Loblaw today (23 February) warned that it expects investments in supply chain and market positioning to dent its financial performance this year.

CANADA: Loblaw names Carrefour exec Trius as president

24 Feb 2011

Canadian retailer Loblaw has appointed Carrefour executive Vicente Trius to succeed Allan Leighton as president of the business.

CANADA: George Weston announces C$1bn share dividend

16 Dec 2010

George Weston Ltd, Canada's largest food processor, has announced it will pay a one-time common share dividend of C$1bn (US$993.4m).

In the spotlight: the impact of Bimbo's Sara Lee deal

12 Nov 2010

Mexico's Grupo Bimbo has snapped up Sara Lee's fresh bakery operations in North America for a cool US$959m. Dean Best discusses the repercussions of the deal on both businesses and for the wider US bakery industry.

UPDATE: MEXICO: Grupo Bimbo hails "milestone" Sara Lee deal

9 Nov 2010

The chief executive of Grupo Bimbo said today (9 November) that the company's acquisition of Sara Lee's fresh bakery business in North America represented a "milestone" for the Mexican food giant.

US/MEXICO: Grupo Bimbo "closes in on Sara Lee bakery buy"

8 Nov 2010

Mexican food giant Grupo Bimbo could agree a deal to buy Sara Lee's North American bakery business this week.

Top stories on just-food this week

14 May 2010

UK retail grabbed the headlines this week, with Wal-Mart announcing the appointment of a new CEO for local arm Asda and Sainsbury's booking a set of bumper full-year results.

On the money: George Weston “patient and prudent” with war chest

12 May 2010

George Weston Ltd has insisted that it will adopt a “patient and prudent” approach to investing the proceeds of recent divestitures as it looks to drive long-term growth at the business.

CANADA: Sales, margins boost George Weston Q1

12 May 2010

George Weston Ltd yesterday (11 May) posted an increase in comparable first-quarter profits on higher revenues and improved margins.

CANADA: Loblaw management shake-up

21 Sep 2006

W. Galen Weston, chairman of Loblaw Companies and the board of directors, has announced that he will step aside for his son Galen G. Weston who will succeed his father as executive chairman.

UK: Associated British Foods consolidates sugar production

5 Jul 2006

Food, ingredient and retail company Associated British Foods yesterday (4 July) announced proposals to close two UK sugar plants in York and Allscott and consolidate its remaining four UK factories.

UK: Associated British Foods profits fall

19 Apr 2006

Associated British Foods has announced a fall in profit for the for the half-year period ending 4 March 2006 but is confident about the prospects of its British Sugar brand.

Goodman Fielder banking on added-value to excite investors

1 Mar 2006

Australian investors may downplay Goodman Fielder’s “low growth” prospects and “mature markets” but overseas analysts see a company uniquely placed to benefit both from strong brands and the growth of own-label. David Robertson reports.

CANADA: George Weston swings back into black

15 Feb 2006

Good results at the company’s bakery division have helped Canadian food group George Weston swing back into profit in its fourth quarter.

AUSTRALIA: Competition authority okays George Weston acquisitions

14 Dec 2005

The Australian Competition and Consumer Commission will not oppose George Weston Food's acquisition of Cripps Nubake Pty Ltd, which operates a plant bread baking business in Tasmania, and Tasmanian Flour Mills Pty Ltd, which operates the only mill in Tasmania, ACCC Chairman, Graeme Samuel said today.

CANADA: George Weston sales, earnings up in Q3

23 Nov 2005

Food company George Weston has announced rises in sales and net earnings for the third quarter of 2005, despite distribution problems at its Loblaw subsidiary.




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