The
Parkland says the acquisition is part of a diversification strategy aimed at expanding its proprietary food offer, customer reach and innovation pipeline.
It says M&M will create quality food options that Parkland customers can consume fresh-from-frozen, both on site and on the go, and prepare from frozen at home.
The food items will be sold through Parkland's existing network as well as its soon-to-be-launched standalone ON the RUN convenience locations.
The acquisition is subject to regulatory approval and is expected to close in the first quarter of 2022.
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