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Slide #7. Weston Foods, a subsidiary of George Weston Limited — Rubschlager Baking
Acquirer:
Weston Foods, a subsidiary of George Weston Limited (TSE:WN.CA)
Acquiree:
Rubschlager Baking
Details:
Weston Foods, a subsidiary of George Weston Limited ("Weston") (TSX: WN), announced today that it has completed the purchase of Rubschlager Baking Corporation ("Rubschlager") of Chicago, Illinois. Rubschlager has a 100 year history of baking a full range of authentic, high-quality rye breads and products for the North American market. Rubschlager's products are sold across the United States and Canada and include a wide range of deli-style cocktail breads (its signature product), traditional square breads, 100% whole rye Rye-Ola bread, sandwich bread and mini-bread chips.
George Weston operates through its two reportable operating segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). Loblaw has two reportable operating segments, retail and financial services. Loblaw's retail segment consists primarily of food retail and drug retail. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise and financial services. Choice Properties owns, manages and develops a portfolio of commercial retail, industrial, office and residential properties across Canada.
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