On June 1st, 2023, Puratos Canada completed its acquisition of Foley’s Chocolates, a leading North American chocolate supplier to industrial manufacturers, bakery and food services distributors, and numerous top brands. With this acquisition, Puratos Canada becomes one of the largest chocolate producers in the country.

Puratos Canada is a subsidiary of Puratos NV, an international group which provides a range of confectionary products to artisans, industry retailers and food service customers in the bakery, patisserie and chocolate sectors worldwide.

Foley’s Chocolates has been creating premium cocoa-based compound, ingredients and other pure chocolate products in Richmond, B.C. for over 40 years. Brockmann’s Chocolate, a subsidiary of Foley’s which produces branded chocolate product lines including truffles and clusters, was also acquired by Puratos Canada.

Puratos Canada was represented by a Farris transaction team led by Peter Roth, including Ryan McCracken (M&A), Mark Chu (Tax) and Alex Mitchell (Employment).