Schwan has sold its Canadian subsidiary back to the founder of T&N Foods, Inc.
The Schwan Food Co. has sold a Canadian subsidiary back to a company led by Tony Merulla, the founder of the Montreal-based producer of frozen pizza and other bread products that are sold under private label brands in supermarkets and foodservice chains throughout the United States and Canada.
Schwan had purchased T&N Foods in 2005.
Founded in 1989, T&N Foods operates a 55,000-sq.-ft. plant and employs about 100 people.
Schwan Sells T&N Foods Canadian Business
September 9, 2009