Purchase includes the Vachon, Jos Louis, Ah Caramel, Passion Flakie and May West brands.
TORONTO — Canada Bread Company Ltd. has completed its acquisition of Saputo Bakery Inc., a subsidiary of Saputo Inc.
Saputo will now operate under the company name of Vachon Bakery Inc.
Vachon Bakery is a Canadian producer of snacks cakes. The company said the acquisition will fuel further growth.
The acquisition includes the Vachon, Jos Louis, Ah Caramel, Passion Flakie and May West brands.
Canada Bread Company Ltd. has been a wholly-owned subsidiary of Grupo Bimbo since May 2014. The company’s brands include Dempster’s, Villaggio, POM, Bon Matin, Ben’s, Healthy Way, McGavins and Vachon.
The Etobicoke, Ont.-based company operates 17 bakeries and employs approximately 4,400 people.