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McCain

March 27, 2012

Members of two of Canada’s largest family businesses, Maple Leaf Foods and Empire Company Limited, have joined forces to start a private equity firm aimed at investing in mid-sized companies.

Members of two of Canada’s largest family businesses, Maple Leaf Foods and Empire Company Limited, have joined forces to start a private equity firm aimed at investing in mid-sized companies.

SeaFort Capital, launched on 26 March, will focus on businesses with profits between $2 million (€1.49 million) and $10 million, said a statement from the private equity firm.

September 7, 2011

Michael McCain is not considering selling Canadian food giant Maple Leaf Foods, despite reports to the contrary.

Michael McCain is not considering selling Canadian food giant Maple Leaf Foods, despite reports to the contrary.

An article in Toronto-based The Globe and Mail last week claimed McCain was “open to the idea” of selling to a multinational, although it said he was “far from convinced that selling out [was] the right thing to do”.

However, a spokeswoman from the company told CampdenFB that McCain has no plans at all to sell and said he would not even consider such a move.

June 15, 2011

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.

Family businesses are alive and well in the US, with the top 100 generating approximately $1.6 trillion to America’s $14.6 trillion GDP in 2010. Just under half of the top 100 are owned outright by the family, a higher proportion than in Europe, where Campden’s top 100 family business for the region found that less than a third were fully controlled by the family.

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