Maple Leaf Foods plans to spin off pork business into a separate publicly traded firm in 2025.

Maple Leaf Foods plans to spin off its pork business into a separate, publicly traded company. The new pork company will continue to supply Maple Leaf Foods with a secure pork supply at market prices. Existing Maple Leaf shareholders will receive shares in the new company, while Maple Leaf holds a 19.9% ownership stake. The transaction, which requires shareholder approval, is anticipated for completion in 2025.