Windsor rice-making plant bought by French company
CTV Windsor Published Wednesday, February 11, 2015 12:53PM EST
Dainty Rice logo.
Dainty Foods in Windsor has been bought by a French company.
Marbour S.A.S purchased MRRM Inc., the Quebec-based parent company of Dainty Foods, for $11 million.
The transaction was been unanimously approved by the board of directors of MRRM and is expected to close in the second quarter of 2015.
The Windsor rice-making plant is located in the west end on Broadway Street
Marbour is a privately-held company based in Marseille, France. It counts over 700 employees, and owns and operates 14 sites located in Europe, the Caribbean and the Indian Ocean. Almost 75 per cent of Marbour's business activities are focused on the international rice business.