Cooke boss strikes a sweet deal
Glenn Cooke, owner of one of the world’s largest fish farming businesses, has acquired a sweet tooth.
The New Brunswick seafood entrepreneur is investing to help Ganong Bros Limited, Canada’s oldest candy and chocolate company, to develop its business.
The capital will be directed into new equipment and leveraging Cooke’s global retail grocery presence to grow the iconic company.
Ganong will continue to be led by its current management team including fifth generation President & CEO Bryana Ganong and her brother Nick Ganong, as chief operating officer.
It is only a few months ago that Glenn Cooke’s company Cooke Seafood splashed out to buy the Australian salmon business Tassal, following it up with the purchase of European shrimp processor Morubel NV. It is also investing in a new salmon farm on Orkney.
The Cooke Seafood CEO said of his latest, unusual business venture: “From the invention of Chicken Bones to their hand-dipped chocolates, the Ganong family has poured their hearts into producing the finest candy for customers while building a strong, vibrant community in St. Stephen.
“We are happy to make this positive investment to support Charlotte County and celebrate Ganong’s growth as we move into the 150th year of business together.”
Bryana Ganong, President & CEO, Ganong Bros, added: “This partnership, and the strategic investment from the Cooke family, is designed to ensure that Ganong remains competitive in an ever-changing global confectionary market.”
Established in 1873, Ganong has the distinction of being Canada’s original and longest standing family-owned and operated chocolate company, manufacturing all its products in St. Stephen, New Brunswick.
Glenn Cooke
