George Weston Ltd. acquires ACE Bakery
November 1, 2010
by Keith Nunes
TORONTO – Weston Foods (Canada) Inc., a subsidiary of George Weston Limited, has acquired ACE Bakery for C$110 million ($108 million). ACE Bakery is a manufacturer of artisan and European-style bread varieties.
“The ACE Bakery brand is known for its quality products and will complement our existing family of brands allowing us to better serve our customers,” said W. Galen Weston, chairman and president of Weston. “I would like to welcome the ACE Bakery employees into the Weston group.”