This acquisition supports SWT’s strategic focus on growth, diversification, and investment in value-added food production close to prairie grain supplies.
While the pasta unit has been profitable and has benefited from recent capital investment, Cerealto indicated that the business would be better positioned under a dedicated pasta operator.
The acquisition adds a 33.34 per cent stake from Gulf Japan Poultry Farm, a transaction that would substantially raise OFM’s holding in the food producer.
Under the terms announced by Eshbal, the deal transfers majority ownership and certain operating assets of D2BD to Eshbal, positioning the Canadian firm to leverage D2BD’s existing product lines, retail relationships and manufacturing know how as it pursues broader North American distribution.
The purchase adds Arbor’s scale and category depth through Furlani’s established brands and private label capabilities, while preserving the company’s operational leadership and existing management team.