Sun Valley Foods, a division of US food and agribusiness Cargill, has announced that it has acquired Canada's Caravelle Foods

Food & Drink Weekly, Sept 13, 2004

Sun Valley Foods, a division of US food and agribusiness Cargill, has announced that it has acquired Canada's Caravelle Foods. The acquisition involves both Caravelle locations: one in Spruce Grove, Alberta, and the other in Brampton, Ontario, employing about 120 people. Terms of the transaction were not disclosed.

London, Ontario-based Sun Valley Foods supplies processed chicken to the Canadian foodservice industry. Caravelle Foods produces frozen beef patties for the Canadian quick service restaurant industry.