Canada

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 deal brings into Eshbal’s portfolio a commercial bakery known for breads, rolls, muffins and sweet goods sold across retail, foodservice and e-commerce channels, and is presented as a strategic step to enhance capacity and product breadth ahead of the company’s 2026 to 2028 roadmap.

The formal ESG strategy aims to boost the nutritional density of baked goods and reduce their carbon footprint through clean label formulations, natural processing methods, and sustainable agricultural practices.

Mary Shafer Malicki resigned from the board, while Rohit Bhardwaj and Mike Frank will not stand for reelection at the 2026 annual shareholder meeting.

The year-on-year increase is primarily due to improved yields for Canadian Western Red Spring (CWRS), followed by Canadian Western Amber Durum (CWAD), and winter wheat.