McCain Purchases PEI Produce

Published online: Oct 14, 2002
McCain Produce, the seed and fresh arm of food giant McCain Foods, has purchased selected assets of PEI Produce, including two plants in Charlottetown as well as land and potato-handling equipment.

The announcement made Oct. 11 will see McCain take over PEI Produce’s seed and table potatoes for North American and offshore markets. McCain says it wants to build a stronger potato business. It doesn’t expect the amalgamation will change employment levels.

The company has been on a buying spree: in October it purchased Wing Wong Foods of Montreal. It was Canada’s leading manufacturer of frozen Chinese food entrees.

In June the company purchased Goodman Fielder International (Taiwan). This was a first in Asia for the company. GFI makes frozen dumplings and ethnic Chinese frozen foods.