TriWest and Snowcrest Packers acquired Omstead Foods Limited, merging it with Snowcrest to create the only national processor of frozen fruits and vegetables in Canada.

Target Company Overview

Omstead Foods Limited, established in 1911, is a prominent processor of frozen vegetables, freshwater fish, and coated appetizers for both domestic and international markets. The company operates its wholly-owned U.S. subsidiary, Omstead Foods, Inc., enhancing its global presence and distribution capabilities. Renowned for its innovative offerings, Omstead Foods was among the first in North America to produce commercial frozen onion rings, which have garnered a strong reputation in the industry.

In a strategic move to expand its operational capabilities, Omstead Foods recently merged with Snowcrest Packers Ltd. This merger retains the Omstead Foods name and leverages the strengths of both organizations to improve efficiency and broaden the product portfolio.

Industry Overview in Canada

Canada's frozen food industry has been experiencing significant growth, characterized by increasing consumer demand for convenience foods and healthy eating options. The frozen vegetable sector, in particular, benefits fro