Metro to Sell Première Moisson Bakery Facility in Quebec for $90 Million
FGF will buy the Baie-D'Urfé plant for $90 million and take over production while Première Moisson keeps its brand and 25-bakery network.
- On Thursday, Metro Inc. announced a deal to sell its Moisson Group bakery facility in Baie-D'Urf, Que., to FGF Brands for $90 million.
- Focusing on its core retail operations, Metro says the transaction reflects its commitment to food and pharmaceutical distribution while preserving the Moisson brand.
- Under the agreement, FGF Brands will manufacture and distribute Moisson products for food stores, while Moisson Group retains its 25 retail bakeries across Quebec and its Vaudreuil-Dorion facility.
- All impacted employees will transfer to FGF Brands upon closing, with both companies committing to work alongside the union representing those workers during transition.
- Subject to customary closing conditions, the deal is expected to finalize during Metro's fourth quarter of fiscal 2026, which concludes on Sept 26, 2026.
12 Articles
12 Articles
The Toronto Star
Metro to sell Première Moisson bakery facility in Quebec for $90 million
MONTREAL - Metro Inc. has signed a deal to sell its Première Moisson Group bakery facility in Baie-D'Urfé, Que., near Montreal, to FGF Brands for $90 million.
Metro announced on Thursday that it had signed an agreement to sell its Première Moisson Group bakery factory located in Baie-D-Urfé, on the island of Montreal, to FGF brands for an amount of 90 million.
METRO Inc. Enters Into Strategic Partnership With FGF Brands For Commercial Bakery Manufacturing Operations
MONTRÉAL — METRO Inc. and FGF Brands (FGF), a Canadian bakery operator, announced a strategic partnership for the commercial bakery manufacturing operations of Première Moisson Group Inc., a subsidiary of METRO. As part of the transaction, FGF will acquire Première Moisson Group’s production facility located in Baie-D’Urfé for a total consideration of $90 million. This transaction reflects METRO’s attempts at focusing its investments and resourc…
METRO sells its Première Moisson Group production facility to FGF for $90 million
Upon closing of the transaction, FGF will manufacture and distribute Première Moisson products sold in food stores. The post METRO sells its Première Moisson Group production facility to FGF for $90 million appeared first on Retail Insider.
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