Hearthside Food completed the acquisition of Weston Foods ambient bakery business of George Weston Foods for $293m.

Hearthside Food, a manufacturer and producer of pastries and small foods, completed the acquisition of Weston Foods ambient bakery business, a pastry manufacturer of George Weston Foods, for $293m. "With the agreement to sell the ambient segment to Hearthside and our previously announced sale of the fresh and frozen businesses, we have two high-quality buyers that are well-positioned to carry on the proud legacy of the Weston Foods business. With the sale of the entire bakery business, George Weston will be focused on its market-leading Retail and Real Estate businesses going forward," Galen G. Weston, George Weston Chairman and CEO.