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Industry NewsGeorge Weston to sell bakery and focus on retail, real estate

George Weston to sell bakery and focus on retail, real estate

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George Weston Limited plans to sell its Weston Foods bakery business to focus on retail and real estate operations.

The company says Weston Foods remains a small part of George Weston’s overall value.

Galen G. Weston, chairman and chief executive officer says that as “George Weston focuses its attention on Loblaw and Choice Properties, we are confident this is the right time to unlock the strategic growth potential that exists within Weston Foods through its sales.”

Weston Foods had sales of $2.1 billion in 2020.

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