The bulk of Quebec’s veal processing capacity is forming up under one banner as Delimax-Montpak gets set to buy its rival Ecolait out of creditor protection. Delimax-Montpak Group announced Friday it has an agreement in principle to buy St-Hyacinthe-based Ecolait for total consideration of $50 million. Delimax-Montpak said Friday the deal “will allow the veal […] Read more
Tag Archives veal — page 2
Quebec veal processors merging
Quebec to halt ASRA for veal sector
Quebec’s farm finance and funding agency plans to remove the veal sector from the province’s ASRA income stabilization program starting next year. La Financiere agricole du Quebec (FADQ) announced Friday that its board had agreed to end ASRA (Assurance stabilisation des revenus agricoles) coverage for Quebec’s milk-fed veal calf operations, effective Jan. 1, 2016. Affected producers, after that […] Read more
Veal processor Ecolait to revive Charlevoix brand
Quebec veal producer and processor Ecolait has announced plans to pick up and redevelop a well known brand name in the sector. St. Hyacinthe-based Ecolait, which markets veal under the Vivo brand, said Friday it’s bought the Le Veau Charlevoix brand, for an undisclosed sum, “in order to relaunch it.” Le Veau Charlevoix, which began as […] Read more
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