November 14, 2014 / 1:50 PM / 5 years ago

Pinnacle Foods to buy Canadian protein foods maker Garden

Nov 14 (Reuters) - Pinnacle Foods Inc said it would buy privately held Canadian plant-based protein food maker Garden Protein International Inc for C$175 million ($153.9 million).

Pinnacle said the deal, which would include a plant in Vancouver and nearly 250 employees, is expected to close on Friday.

The company will fund the buyout with cash in hand.

$1 = 1.1375 Canadian dollars Reporting by Shailaja Sharma in Bangalore; Editing by Joyjeet Das

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