Maple Leaf Foods

Food industry company news

Subscribe via RSSWhat is RSS?

Maple Leaf Foods is an international packaged meat company. Founded by Canada Packers’ acquisition of Maple Leaf Mills in 1991, Maple Leaf Foods is a public company, listed on the Toronto Stock Exchange as MFI. The head office for Maple Leaf Foods is located in Toronto, Canada.

Latest Insights

2017 - the year in food industry M&A

Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector du...

Focus: The vegan opportunity in UK foodservice

The number of vegans in the UK has rocketed in the past decade, while the number of meat-eaters looking to reduce their consumption of meat...

Dean Best | 27 Feb 2017

It was Maple Leaf Foods' first major acquisition for over a decade and one very much in tune with one of the key trends in the North American marketplace. The Canada-based meat giant has become the latest in the sector to invest in the growing meat-free industry, snapping up US firm Lightlife Foods. Dean Best looks at the deal.

Katy Askew | 17 Feb 2014

Grupo Bimbo's acquisition of Canada Bread builds on a number of recent deals aimed at strengthening the Mexican baker's hand in North America, consolidates the group's position as the world's largest baked goods provider and increases its exposure to higher margin premium branded sales. Katy Askew reports.

Katy Askew | 31 Jul 2013

Maple Leaf Foods chief executive Michael McCain has suggested the company's falling earnings are the "cost of change" as the Canadian meat and bakery group invests in improving its business.

Dean Best | 19 Apr 2013

Could sovereign wealth funds and pension funds become more active participants in deal-making in the FMCG industry? Perhaps so, writes Dean Best.

Latest News | 21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Andy Coyne | 27 Jul 2017

Canadian meat-packaging company Maple Leaf Foods has reported a 19% in second-quarter profits, although the increase was not enough to stem a drop in half-year earnings.

Dean Best | 27 Apr 2017

Canada-based Maple Leaf Foods pointed to improved sales and margins in the first quarter of the year, as costs linked to a plant closure hit its bottom line.

Dean Best | 23 Feb 2017

Michael McCain, the president and CEO of Maple Leaf Foods, has seen the limit placed on the stake he can hold in the Canada-based group lifted under a new governance agreement.

Katy Askew | 22 Feb 2017

Canada's Maple Leaf Foods has agreed to acquire US plant-based protein manufacturer Lightlife Foods from private-equity firm Brynwood Partners for US$140m. 

Katy Askew | 22 Feb 2017

Maple Leaf Foods has reported an increase in earnings for 2016 as the company lapped one-time restructuring costs and grew sales, although its underlying fourth-quarter earnings missed analyst forecasts.

Katy Askew | 2 Nov 2016

Maple Leaf Foods reported higher third-quarter earnings today (2 November), with growth supported by an increase in revenue and improved operating margins. 

Katy Askew | 29 Jul 2016

Margin improvements and higher sales at Maple Leaf Foods enabled the Canadian meat company to book a jump in first half earnings yesterday (29 July). 

Katy Askew | 12 May 2016

Maple Leaf Foods is launching a "premium" line of prepared meats in Canada, Maple Leaf Canadian Craft. 

Katy Askew | 4 May 2016

Maple Leaf Foods said today (4 May) it hit the "milestone" of delivering a "sustainably more profitable company" in the first quarter of 2016 following an investment programme designed to strip costs out of its production base. 

Hannah Abdulla | 1 Mar 2016

Canadian meat processor Maple Leaf Foods returned to profit in 2015 on improved margins in its meat unit - the arm responsible for its value-added prepared meats, lunch kits and snacks, and fresh pork and poultry products - and the absence of one-off costs which hit last year's bottom line.

Hannah Abdulla | 8 Dec 2015

Canadian meat group Maple Leaf Foods has announced pledges as part of a "formal animal care commitment".

Hannah Abdulla | 27 Nov 2015

Ahead of the climate talks in Paris, Unilever announced plans to be carbon positive from its operations by 2030. Elsewhere, there was more consolidation in the US food sector, with Pinnacle Foods moving for Boulder Brands. Tyson Foods, Post Holdings and Greencore all had annual results out in the week. Maple Leaf Foods outlined plans to "streamline" its business, which is set to lead to the loss of 400 staff. Here is the week in quotes.

Dean Best | 27 Nov 2015

The US food sector saw another major takeover this week with Pinnacle Foods agreeing to pay US$975m for free-from group Boulder Brands. The country could soon see another, with Thai Union Group saying there are "serious" buyers lined up for Chicken of the Sea - a business it is willing to sell to secure another US asset, Bumble Bee Foods. And, ahead of the climate change talks in Paris next week, Unilever announced plans for its operations to be "carbon positive" in 15 years.

Hannah Abdulla | 25 Nov 2015

Canadian meat processor Maple Leaf Foods has announced 400 jobs will go as it "streamlines" the business.

Hannah Abdulla | 29 Oct 2015

Shares in Maple Leaf Foods tumbled today (29 October) after the Canadian meat processor, which reported improved earnings despite a dip in sales, pushed back a profitability target into next year.

Helen Arnold | 6 Oct 2015

Canadian meat products producer Maple Leaf Foods has announced all its protein, ingredient and packaging suppliers must comply with a Global Food Safety Initiative (GFSI) by 2017. 

Dean Best | 31 Jul 2015

Maple Leaf Foods president and CEO Michael McCain said today (31 July) the Canadian group was "pleased with its progress" in the second quarter, with volumes up, margins improving and losses narrowing.

Hannah Abdulla | 30 Apr 2015

Maple Leaf Foods has seen an improvement in operating earnings for the first quarter of the year as a result of the higher pricing of meat products.

Hannah Abdulla | 26 Feb 2015

Canadian meat processor Maple Leaf Foods run up a fourth-quarter loss of C$23m - narrower than a year earlier - but shares in the company fell in early trading today (26 February).

Hannah Abdulla | 18 Feb 2015

Canadian meat processor Maple Leaf has marked Chinese New Year with the launch of two Chinese-style sausage products in its domestic market.

Katy Askew | 30 Oct 2014

Maple Leaf Foods' third-quarter earnings came in below analyst expectations today (30 October) as the Canadian group registered greater-than-expected charges related to a scheme to modernise some of its meat plants.

Dean Best | 24 Oct 2014

Mexico-based baker Grupo Bimbo has posted a 31% rise in nine-month earnings as sales were boosted by recently-acquired Canada Bread and as raw material costs fell in the third quarter.

Hannah Abdulla | 31 Jul 2014

Restructuring-related charges hit Maple Leaf Foods' bottom line in the first half of 2014, despite the Canadian meats group seeing an increase in sales.

Latest blogs

Katy Askew | 6 May 2016

Rumours Chinese pork giant WH Group is eyeing acquisitions, particularly in the US, have surfaced.

Forgot your password?