October 2026
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. | $27 | +13% | $11B | $13B | 1.0x | 10.9x | ||
| 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 majority of revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses. Its geographical segments are the United States and Canada. | $50 | -28% | $2.6B | $5.1B | 1.0x | 16.6x | ||
| Maple Leaf Foods Inc is a protein-focused consumer packaged goods 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, value-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, and Others. | $18 | -9% | $2.2B | $3B | 1.1x | 10.0x | ||
| Lassonde Industries Inc, along with its subsidiaries, operates in the food and beverages industry in North America. The company develops, manufactures, and markets a range of national brand and private label products. Its product portfolio includes fruit juices and drinks, pasta sauces, cranberry sauces, condiments, soups, broths, fruit-based snacks as well as alcoholic beverages such as ciders and wine. The company operates through a single segment. The majority of the revenue is derived from the sale of its products. Geographically, it earns the maximum revenue from the United States, and the rest from Canada and other countries. | $164 | +5% | $1.1B | $1.5B | 0.7x | 6.2x | ||
| AGT Food and Ingredients Inc is a globally diversified food company that produces staple products for everyday consumption. Its product portfolio comprises pasta, spices, milled wheat, pulses, rice, cereals, bulgar, popcorn, beans, flours, etc. The products are offered through brands like Corona, Pouyoukas, Pastavilla, Arbella, Veggi, Tamam, Clic, and others. AGT has three reportable operating segments: Packaged Foods and Ingredients, Value Added Processing and Distribution. Maximum revenue is generated from the Value Added Processing segment, which sources pulses and grains from producers, adds value to them through processing, sorting, and packaging, and sells them to its clients. Geographically, the company generates maximum revenue from Europe, Middle East, and Africa (EMEA) region. | $14 | -- | $945M | $1B | 17.6x | 18.3x | ||
| 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 | +4% | $589M | $889M | 1.0x | 9.2x | ||
| Canada Packers Inc is North America's producer of raised without antibiotics (RWA) pork The company delivers a mix of products to a diverse mix of customers in North America and across the globe through representative offices in China, South Korea, Japan, and the Philippines. Its integrated operations span hog production, processing, and value-added innovation. The Pork Operations consisted of, among other things, agricultural and hog production operations, primary pork processing, and sales and distribution network for fresh and frozen pork products nationally and globally. | $10 | -16% | $301M | $605M | 0.5x | 4.1x | ||
| Cizzle Brands Corp is engaged in health & wellness industry. It focuses to replace all of the unhealthy, sugary and fattening foods filling cupboards with healthy, nutritious alternatives. Its product CWENCH and Spoken Nutrition. Its two operating are the retail/wholesale segment; and three location segments are: Canada, the United States and Others. | $0 | -- | $58M | $135M | 14.5x | (14.5x) | ||
| 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 | -74% | $21M | $47M | 1.6x | (4.2x) | ||
| Pangea Wellness Inc is a North American manufacturer specializing in clean-label foods and wellness products. Through its subsidiary, the company offers advanced, needle-free peptide therapies that support recovery, cognitive function, and overall health. | $0 | +7% | $13M | $12M | 350.8x | (3.9x) | ||
| 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 | +18% | $12M | $13M | 10.9x | (15.9x) | ||
| Purebread Brands Inc include the provision of Commercial Commissary Kitchens and rental of these kitchens to food based businesses in Canada. It has two reportable segments Rental segment includes renting out commercial kitchen spaces and providing associated business support services to food entrepreneurs and companies; and Retail segment includes the sale of baked goods and other food items. Its brands are Purebread, and COHO. | $0 | -- | $4M | $15M | 1.4x | 2.7x | ||
| 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 | -73% | $205K | $2M | 4.5x | (4.1x) | ||
| Median | $5 | -3% | $301M | $605M | 1.4x | 4.1x |
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