Tender Choice Foods Inc.
Blue Goose Capital Corp. (a subsidiary of Dundee Corporation) has acquired the meat processing assets of Tender Choice Foods Inc.
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Blue Goose Capital Corp. (a subsidiary of Dundee Corporation) has acquired the meat processing assets of Tender Choice Foods Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to Tender Choice Foods Inc. in structuring and negotiating this transaction.
Transaction Brief
Blue Goose Capital Corp., a subsidiary of Dundee Corporation, has acquired the meat processing assets of Tender Choice Foods Inc., a leading Burlington, Ontario based processing plant specializing in the processing, packing and distribution of meat products.
Blue Goose Capital Corp's acquisition of the meat processing assets of Tender Choice Foods Inc. significantly improves the vertical integration of its rapidly growing poultry operations and provides the opportunity to facilitate further growth in the industry.
Based in Burlington, Ontario, Tender Choice Foods Inc. has been in business for more than 50 years, specializing in the processing, packing, and distribution of meat products. Its customers include well-known brand names in Ontario. Its current export markets include the Unites States, Russia, South Africa, Hong Kong and China.
Blue Goose is a vertically integrated company focused on the production, distribution and sale of organic and Antibiotic and Animal By-product Free (AABF) beef, chicken and fish. Its mandate focuses on producing and distributing organic protein by raising livestock in an organic environment, with feed from organically grown crops and no substrates or animal by-products in the feed, and by employing the highest standards of animal husbandry and welfare, with no use of artificial growth hormones or antibiotics.
Blue Goose owns over 45,000 acres of farm land in British Columbia, and is a recognized consumer brand with beef, chicken, and fish products distributed to over 640 retail locations across Canada, making Blue Goose well positioned to capitalize on the high-growth organic food market.