TORONTO, May 5, 2014 /CNW/ - Weston Foods, a subsidiary of George Weston
Limited ("Weston") (TSX: WN), announced today that it has completed the
purchase of Rubschlager Baking Corporation ("Rubschlager") of Chicago,
Illinois. Rubschlager has a 100 year history of baking a full range of
authentic, high-quality rye breads and products for the North American
market. Rubschlager's products are sold across the United States and
Canada and include a wide range of deli-style cocktail breads (its
signature product), traditional square breads, 100% whole rye Rye-Ola® bread, sandwich bread and mini-bread chips.
Kevin McDonough, President of Weston Foods' Frozen Division, commented
"Rubschlager will bring world-class, authentic rye products and
capabilities to complement Weston's broad portfolio of bakery products.
We plan to offer these great rye products to our customers in Canada
and the US through our existing sales network." Weston Foods is excited
to work with Paul and Joan Rubschlager, who will continue to be
ambassadors of the Rubschlager brand and help transition the business
to Weston Foods ownership. This acquisition supports Weston Foods'
commitment to continue to grow and offer best-in-class, innovative and
quality bakery products to the North American market.
George Weston Limited is a Canadian public company founded in 1882 and
through its operating subsidiaries constitutes one of North America's
largest food processing and distribution groups. Weston has two
reportable operating segments: Weston Foods and Loblaw, which is
operated by Loblaw Companies Limited. The Weston Foods operating
segment is primarily engaged in the baking industry within North
America. Loblaw is Canada's largest food distributor and a leading
provider of general merchandise, drugstore and financial products and
SOURCE: George Weston Limited
For further information:
Geoffrey Wilson, Senior Vice President 416-922-2500