McCain Foods, Florenceville, Canada, signed a deal in August to sell its North American frozen pizza business to Dr. Oetker GmbH, Bielefeld, Germany. Financial terms were unavailable.
The deal covers the Ellio’s brand in the U.S. and a two-year license for the use of the McCain brand in Canada. According to McCain Foods, pizza represents a small portion of its North American business, and the move will allow it to focus on other areas.