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George Weston Limited
Type Public (TSXWN, TSXWNPRA, TSXWNPRB, TSXWNPRC, TSXWNPRD, and TSXWNPRE)
Founded 1882
Headquarters Toronto, Ontario, Canada
Key people W. Galen Weston
Industry Grocery Stores
Revenue $32.815 billion CAN (2% FY 2007)
Employees 148,000
Website www.weston.ca

George Weston Limited (TSXWN for common stock and TSXWNPRA, TSXWNPRB, TSXWNPRC, TSXWNPRD, and TSXWNPRE for preferred stock), often called Weston's or simply Weston, is a Canadian food processing and distribution company, and one of Canada's most recognizable companies. It was founded in 1882 by George Weston. The company represented the North American operations of the Weston food empire, and upon the death of George Weston, control of George Weston, Ltd. fell to his son W. Garfield Weston (1898-1978), who built it into a multi-billion dollar company. On his death, the current Chairman Galen Weston continued to expand the business into one of the largest food conglomerates in North America.

While its origins are in the bakery field, it also owned the E.B. Eddy Company, a pulp and paper business acquired in 1943. As well, Weston purchased Loblaw Companies Limited in 1947 and built it into the largest chain of supermarkets in Canada. In recent years they acquired the Neilson Dairy (sold in 2008) and Gadoua Bakeries.

The company was founded on building strong vertical integration. For example, the Weston grocery stores sold the bread they manufactured which contained the sugar that was refined at their own sugar refineries.

Contents

Brands

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Bakery

  • George Weston Bakeries (Canada only; USA rights owned by Grupo Bimbo)
  • Brownberry
  • Boboli (in Canada; USA rights owned by Grupo Bimbo)
  • Maplehurst Bakeries
  • Interbake Foods [1]
  • Wonder Bread (in Canada)
  • Country Harvest
  • Arnie's Bagels
  • Gadoua Bakeries
  • Weston Bread

Grocery

Chains:

Brands:

Other

Upscale Department Stores:

Corporate governance

Current members of the board of directors of the company are: A. Charles Baillie, Robert Dart, Peter Eby, Phillip Farmer, Anne Fraser, R. Donald Fullerton, Anthony Graham, Mark Hoffman, Allan Leighton, John Makinson, Robert Prichard, Wendy Rebanks, Galen G. Weston, and W. Galen Weston (chairman).

See also

Associated British Foods - the company built by George Weston, and controlled by Galen Weston, Sr.'s brother Garry until his death in 2002. Galen Weston, Sr. is currently a non-executive director of ABF.

References

  1. ^ http://www.interbake.com/index.php?page=company-history

External links


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