May 2026
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Largest Food & Beverages Public Companies in Canada
Benchmark revenue and EBITDA valuation multiples for public comps like
Saputo, Premium Brands Holdings, Maple Leaf Foods, Lassonde and AGT Food and Ingredients.
 | Saputo is a dairy processor headquartered in Canada, with operations spanning the US, Australia and Argentina (international segment), and the UK (Europe segment). The company transforms raw milk into a wide range of dairy products, including cheeses, creams, and fluid milk. Saputo’s US operations account for the largest share of revenue at 46%, followed by Canada (27%), international (21%), and Europe (6%). Within its retail segment (49% of sales), Saputo owns notable brands such as Cathedral City and Armstrong. Beyond retail, the company serves the foodservice channel (33% of sales) and industrial customers (18%), providing ingredients and products for broader commercial use. | $30 | +56% | $12B | $14B | 1.0x | 12.7x | ||
| Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses. Its geographical segments are the United States and Canada. | $66 | +10% | $3B | $6B | 1.1x | 12.5x | ||
| Maple Leaf Foods Inc is a protein company that responsibly produces food products under brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., Lightlife and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. | $21 | +7% | $3B | $3B | 1.2x | 9.9x | ||
| Lassonde Industries Inc isfood and beverages industry in North America. It develops, manufactures, and markets a wide range of private label and national brand products, including ready-to-drink beverages, fruit-based snacks as well as frozen juice concentrates. It is also a producer of cranberry sauces and specialty food products such as pasta sauces, soups and fondue broths and sauces. The company operates through a single segment. Its single operating segment generates revenues from the sale of products including ready-to-drink beverages, fruit-based snacks, frozen juice concentrates and specialty food products as well as from rendering services related to the sale of these products. It earns the majority of the revenue in the United States. | $160 | -- | $1B | $1B | 0.7x | 5.8x | ||
| AGT Food and Ingredients Inc is a farm products company. The business has three primary segments: Pulse and Grain Processing, Bulk Handling and Distribution, and Food Ingredients and Packaged Foods. The Pulse and Grain Processing segment is engaged in the cleaning, calibration, sizing, shipping, and export of pulse and stable foods. The Bulk Handling and Distribution segment is engaged in the distribution of various goods, including sorghum, coffee, sugar, spices, and seeds. The Food Ingredients and Packaged Foods segment produces starches, proteins, fibers, animal products, and aquaculture products. | $12 | -- | $841M | $915M | 0.4x | 6.6x | ||
| Rogers Sugar Inc is a Canada-based sugar-producing company. Along with its subsidiaries, it offers products like Brown sugar, Yellow sugar, Icing sugar, and other related sugar products. The company operates in the following reportable segments: Sugar and Maple. The Sugar segment which generates maximum revenue is engaged in the refining, packaging, and marketing of sugar products; and the Maple segment processes pure maple syrup and related maple products. Geographically, the company derives a majority of its revenue from its customers in Canada and the rest from the United States, Europe, and other regions. | $5 | +20% | $626M | $920M | 1.0x | 8.6x | ||
| Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability, and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges. | $1 | -59% | $31M | $65M | 2.4x | (3.6x) | ||
| HYTN Innovations Inc formulates, manufactures, markets, and sells premium cannabis goods. The company generates revenue from the sale of cannabis-related products such as Cannabis-beverage sales, Cannabis - flower sales, Cannabis - edible sales. The majority of revenue is generated from Cannabis - beverage sales. | $0 | -- | $16M | $16M | 13.5x | (19.6x) | ||
| Modern Plant Based Foods Inc is a Canadian food company engaged in developing and selling plant-based meat alternatives made from plants. It offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company's revenue consists of sales of plant-based and health food products to wholesale and retail customers. Geographically, it derives the maximum revenue from Canada. | $0 | -- | $961K | $3M | 6.1x | (5.6x) | ||
| JIVA Technologies Inc is engaged in building niche online wellness communities and creating immersive physical environments. The company is actively pursuing joint ventures to empower wellness brands online by building their websites and managing all digital marketing. The operating segments of the company are identified as Bloombox, Score ("Squamish"), PlantX Life Inc. (Winston) & PlantX UK. The company generates the majority of its revenue from the Squamish segment. Geographically, the company generates the majority of its revenue from Canada. | $0 | -- | $113K | $4M | 1.3x | (122.3x) | ||
| Isodiol International Inc is a manufacturer and developer of phytoceutical consumer products using pharmaceutical and nutraceutical grade phytochemical compounds. It generates revenue from the sale of nutritional health products derived from hemp. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. Its product categories include Tinctures; Capsules; Topicals; Vape; Oral Spray; Skincare; and others. | -- | -- | $5K | $3M | — | — | ||
| Median | $9 | +10% | $626M | $915M | 1.2x | 6.2x |
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