October 27, 2021

Mayer Brown advises George Weston on CAN$1.2 billion sale of Weston Foods

Mayer Brown advised George Weston Limited on its definitive agreement to sell its Weston Foods fresh and frozen bakery businesses to affiliated entities of FGF Brands Inc. for aggregate cash consideration of CAN$1.2 billion.

Subject to the receipt of all regulatory approvals and satisfaction of customary transaction closing conditions, George Weston expects to close the transaction before the end of the first quarter of 2022.

The team was led by Corporate & Securities partners Bill Kucera, Marc Sperber and Marina Aronchik and included Employment & Benefits partner Debbie Hoffman; Litigation & Dispute Resolution partner Bill Stallings and counsel Meytal McCoy and Kim Leffert; Real Estate Markets partner David Saye and counsel Cory Menees; and Corporate & Securities associates Joshua La Vigne and Laura Buchanan.

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