October 01, 2025

Maple Leaf Foods completes the spin-off of its pork business into a new company

Goodmans LLP acted for McCain Capital Inc. and the McCain family, the largest shareholder of Maple Leaf Foods Inc., in connection with Maple Leaf Foods’ completed separation into two independent public companies.

Maple Leaf continues to be a more focused brand-led consumer packaged goods company, and it spun off its pork business into a new publicly traded company, Canada Packers Inc. The new pork company provides Maple Leaf Foods with a secure supply of pork at market prices for its prepared foods business.

Goodmans LLP continues to be a leader in the corporate and M&A space, bringing strength to advising major multinational corporates and financial institutions involved in high-value, multi-jurisdictional M&A, reorganisations and corporate governance matters. — The Legal 500 Canada
Goodmans have excellent subject matter expertise and actionable strategy and advice. They give deep confidence of their ability to capably handle complex and sophisticated matters. — Chambers Canada
The corporate and commercial team has impressive depth with experienced and highly skilled counsel at all relevant levels, from senior partner to junior associate. — Chambers Canada
The Corporate/Commercial team at Goodmans make it seem as though we are their only client. They are our go-to external corporate-commercial counsel. — Chambers Canada
Clients note, "They have a good team of very experienced lawyers who know the process, " adding, "They have a good bench strength." — Chambers Canada
Clients note, "They get our business and what we're trying to accomplish. It's not just technical advice." — Chambers Canada
One interviewee reported, "The Goodmans team as a whole is excellent," adding: "The lawyers are very responsive and get the job done. It is of great assurance to have them as our legal advisers." — Chambers Canada
One client noted, "...they handled a very complicated transaction involving many jurisdictions and did a very good job. They are always able to make comparative decisions through a relatively simple way and try to balance risk and find solutions." — Chambers Canada
Clients note, "The client service at Goodmans has always been excellent, and they are very deep from a corporate and financing perspective." — Chambers Global
Interviewees praise the firm's work on cross-border matters, saying: "The team's coordination is superb, its work ethic unparalleled and the service excellent." — Chambers Global
One client noted, "very strong legal minds, focus in on the business issues...good communicators, include my internal team as much or as little as we may want on a particular project." — IFLR1000
....punches above its weight for big-ticket M&A in Canada, recently advising on substantial transactions in mining, energy, technology and cannabis sectors. — Chambers Global
Clients commend Goodmans for being, "very entrepreneurial in their culture, in addition to being able to provide sophisticated and excellent legal assistance." — Chambers Canada

Practices

Industries

Maple Leaf Foods completes the spin-off of its pork business into a new company

Site Search

Maple Leaf Foods completes the spin-off of its pork business into a new company

Expertise

Mergers and Acquisitions

Featured Work

Welltower acquires Amica Senior Lifestyles portfolio for $4.6 billion

Titanium Transportation taken private by TTNM Management

GTCR-backed Ascent Sports Group acquires LiveBarn

Coeur Mining, Inc. acquires New Gold Inc. for US$7 billion

Quipt Home Medical taken private by Kingswood and Forager for US$173 million

Overbay Capital Partners receives strategic investment from funds managed by Charlesbank Capital Partners