Global Egg acquiring Cargill Etobicoke plant
Etobicoke, Ont. – Global Egg Corp., Canada’s largest further egg processor, has announced it is acquiring the Cargill Etobicoke egg processing facility from U.S. based Cargill, Inc.
Cargill has owned the Etobicoke facility since 2006, and while terms of the sale are not being disclosed, in a Global Egg release the company notes that the majority of the facility’s employees will retain employment with Global Egg.
Global Egg has been supplying processed egg products since 1972, and now Global Egg and its foodservice division EggSolutions have production facilities in Elmira, Ont. and two facilities in Etobicoke.
“Integrating this new facility and the expertise of our new employees into our existing business model will allow us to continue to meet our customers’ demands for the highest quality and most innovative value added egg products,” said Aaron Kwinter, president of Global Egg Corp./EggSolutions, in the company release.
The transaction, expected to be completed this fall, is Global Egg’s second plant expansion in as many years.