The price is $42 million -- plus as much as $23 million based on Martel's performance over the next three years, Canada Bread majority owner Maple Leaf said yesterday.
Privately owned Aliments Martel, with 2007 sales of $54 million, has 425 employees in Gatineau, St. Romuald and Lachine, serving grocery and convenience stores in Quebec, Ontario and the Maritimes.