Pinty’s sold to Canadian buyer Olymel
Port Colborne plant part of deal
Ontario-based poultry processor and slaughterer Pinty’s Delicious Foods Inc., which has a plant in Port Colborne, has been purchased by Olymel L.P., Canada’s leader in the production, processing and distribution of pork and poultry meats.
“The owners and management of Pinty’s Delicious Foods are happy to have found a Canadian buyer. We are confident that Olymel will grow our company and ensure it a promising future. I truly believe that our employees will benefit from the advantages of working for a large group like Olymel, a company that has a unique expertise in the process-
ing and marketing of poultry products,” said Pinty’s executive chairman Jack Vanderlaan in a release.
“We are proud of the company and the business network that we have built around Pinty’s brands for decades, and I am certain that this transaction will also benefit our customers and consumers.”
Pinty’s dates back to 1943 and has its roots in two family businesses, Port Colborne Poultry, founded by William and Petronella Vanderlaan, and Pinty’s Poultry, founded by Ed Pintwala.
In the 1990s, the two families decided to establish a joint venture, Pinty’s Delicious Foods Inc. The company’s processing capacity exceeds 30 million kilograms annually and its turnover was $235 million in 2017.
With the processing plant on Second Concession in Port Colborne, and ones in Paris and Oakville, Pinty’s employs 360 people and markets its products throughout Canada and the United States under the brands Pinty’s Food Service, Pinty’s Pub & Grill, Pinty’s Eat Well, Pinty’s Perfect Portions and Pinty’s Delicious Food Inc.
The release said current employees of Pinty’s Delicious Foods Inc. will continue to work within the company and that the closing of the transaction is subject to the approval of the Competition Bureau.
“Olymel is confident that this transaction will benefit our development and growth. Over the past 70 years, Pinty’s has developed great expertise on the Canadian and American markets by offering innovative and exclusive products under brand names that have become extremely popular with many consumers and customers,” said Olymel’s president and chief executive officer Réjean Nadeau.
Olymel owns seven poultry slaughtering and processing plants and serves the Canadian market under the brands Olymel, Flamingo and Galco. It employs more than 11,500 people and has facilities in Quebec, Ontario, Alberta, New Brunswick and Saskatchewan and annual sales of $3.5 billion.