News > Bank Bros. & Son Ltd. completes the sale of Hubbert’s Industries

Effective June 26, 2017 Hubbert’s Industries was acquired by Bank Bros. & Son Ltd.

Hubbert’s will now be known as Hubbert’s Processing and Sales Inc. and will still operate as Hubbert’s Industries.

Established in 1899 as a butcher shop in Toronto, Hubbert’s has evolved to become a Canadian market leader in distributing and processing a full range of Edible Shortenings and Oil products.

Headquartered in Brampton, Ontario, Canada, Hubbert’s operates a 107,000 sq. ft. facility equipped with two distinct process operations: i) an animal fats rendering and refining operation; and, ii) a Kosher certified Vegetable Oil packing operation. The rendering and refining infrastructure can process up to 12,000 lbs/hr and has the capability of processing both Tallow and Lard. The facility adheres to strict quality control measures and is HACCP, Kosher and BRC certified.

Hubbert’s sells private label and branded Edible Shortenings and Oil products in a variety of packaging formats to over 125 customers internationally.

Bank Bros is family owned and operated, has been in the cattlehide and leather business for over 70 years and is committed to the continued success and growth of Hubbert’s.

CCC Investment Banking acted as exclusive financial advisor to Hubbert’s Industries.