Oxford Frozen Foods Purchases Rainbow Assets

27/06/2014

Oxford Frozen Foods has been advised by the Receiver for Rainbow Farms that it has been successful in its bid for the assets of Rainbow consisting of a building in Rawdon, NS and various pieces of wild blueberry land, woodlots and other land in Nova Scotia.  The Company is pleased to be able to close this transaction with the Receiver today.

The Company has assisted Rainbow in recent years by utilizing its cold storage warehouse for storing frozen carrots and wild blueberry product.  The facility will continue to be used for cold storage in the future.  The wild blueberry processing line has experienced relatively low annual production levels recently representing less than a day’s production in Oxford’s other processing plants in Nova Scotia.  This line has been closed for the last 9 months and will not re-open.  Oxford will be holding a job fair for the former employees of Rainbow to determine whether there are suitable opportunities with the Company in its other locations.

Company Contact
Jordan Burkhardt 902-447-2100 ext 2064