November 26, 2014 11:50 PM ET

Food Products

Company Overview of McCain Foods Limited

Company Overview

McCain Foods Limited manufactures and sells French fries and frozen potato specialties. It offers dehydrated potato products, such as potato flakes (instant mashed potatoes) and potato granules; frozen pizza and pizza snacks, frozen vegetables, desserts, oven dinners and entrees, specialty meat products, juices, punches, other beverages, appetizers, and other products. The company also grows and sells potatoes. In addition, it provides less-than truckload, full-load, temperature-controlled, and special commodity units; flatbed, heavy haul and drop-deck, temperature-controlled, and dry van services throughout North America; time-definite courier, express, and air cargo service options to move...

439 King Street West

Fifth Floor

Toronto, ON M5V 1K4

Canada

Founded in 1956

Phone:

416-955-1700

Fax:

416-955-1750

Key Executives for McCain Foods Limited

Chief Executive Officer
Age: 53
Co-Founder and Director
Co-Founder
Chief Financial Officer
Regional President of Asia Pacific
Age: 53
Compensation as of Fiscal Year 2014.

McCain Foods Limited Key Developments

McCain Foods Limited Appoints Shai Altman as President, Canada, Effective October 20, 2014

McCain Foods Limited announced the appointment of Shai Altman as President, Canada, effective October 20, 2014. Altman will assume full responsibility for the Canadian business. He brings to McCain more than 15 years of leadership experience in both mature and developing markets with expertise in the development and direction of growth strategies. Altman joins McCain from Wm. Wrigley Jr. Company, where he has held increasingly senior cross functional roles since 1997.

McCain Closes P.E.I. Fry Plant

McCain Foods is blaming a shift in the market for french fries and the stronger Canadian dollar for its decision to close a plant in Prince Edward Island. When the plant in Borden-Carleton shuts down at the end of October, 121 jobs will be lost.

McCain Foods Announces its Decision to Close a Plant in Prince Edward Island

McCain Foods announced that its decision to close a plant in Prince Edward Island. When the plant in Borden-Carleton shuts down at the end of October 2014, 121 jobs will be lost. The company says there has been a shift in demand for its French fries from North America to other parts of the world, which was a factor in its decision. The company will contribute $2 million and work with the provincial government to help develop initiatives that create sustainable jobs for its affected workers.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 20, 2014
McCain Foods Limited, North America Frozen Pizza Business
 

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