Quebec agrifood firm Préval Ag has wrapped up its deal to buy the Alberta processing and production assets of the defunct North American Lamb Co., marking Préval’s first move into […] Read more
Tag Archives creditor protection
Préval closes deal for Alberta lamb processor, feedlot
Quebec firm picks up defunct NALCO's Alberta assets
Court approves Morris Industries’ sale to Rite Way
Yorkton plant, not included in deal, to close
Seeding equipment manufacturer Morris Industries has been approved for sale to another Saskatchewan manufacturer — minus its Yorkton manufacturing plant, which is not part of the sale and is now […] Read more
Court approval sought for Morris Industries sale
Rite Way deal the 'highest and best offer received'
The court overseeing creditor protection for seeding equipment maker Morris Industries is being asked to approve a deal for the company’s sale to another Saskatchewan manufacturer. Calgary consultancy Alvarez and […] Read more
Rite Way proposes to buy Morris Industries
Regina farm equipment maker draws up letter of intent
Cash-crunched seeding equipment maker Morris Industries has been handed a letter of intent to purchase, from a Saskatchewan suitor with a farm equipment company of its own. Calgary consultancy Alvarez […] Read more
Ag equipment maker Morris in creditor protection
Downsizing and staff cuts lie ahead for well known Prairie farm equipment maker Morris Industries as the company enters creditor protection due to a “liquidity crisis.” The Court of Queen’s […] Read more
ILTA Grain security payout to be CGC’s biggest ever
An insurance policy set up for demised Prairie pulse exporter ILTA Grain will pay, in full, what’s owed to over 200 growers who supplied the company, according to the Canadian […] Read more
Major Quebec hothouse grower seeks creditor protection
One of Quebec’s best known greenhouse propagators, who in recent years launched an aggressive expansion into organic vegetables, is seeking creditor protection. Les Serres Lefort, which operates almost 50 acres […] Read more
Viterra to buy ILTA Grain pulse processing plant
Creditor-protected Prairie pulse processor and exporter ILTA Grain is set to sell a next-to-new southern Saskatchewan facility to one of Canada’s biggest grain firms. Glencore Agriculture’s Viterra arm said Tuesday […] Read more
ILTA Grain escrow fund set up for unpaid farmers
Farmers who delivered to Prairie pulse and grain processor ILTA Grain but didn’t get paid before the company went into creditor protection are being asked to “immediately” get in touch […] Read more
Grain Commission suspends ILTA Grain’s licenses
Farmers owed money for grain delivered to ILTA Grain Inc. should call the Canadian Grain Commission (CGC). The CGC on Thursday suspended the Surrey, B.C.-based company’s grain dealer’s license and […] Read more
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