Canada-based food delivery service provider Canuck Eats is in advanced talks to acquire the assets of compatriot Feastify, a rural food ordering platform.
In a press statement, Canuck Eats said: “The potential acquisition represents a significant step in the company’s mission to ensure every Canadian has access to top-notch food delivery services.”
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However, the company’s co-founder, William Tsui, noted that final decisions on a potential deal are subject to various conditions such as a ‘rigorous’ assessment and board clearance.
Tsui said: “From the picturesque mountain town of Canmore in Alberta to the vibrant community of Whitehorse in Yukon and the historic city of Brockville in Ontario, Feastify has left an indelible mark.
“We’re eager to build upon this legacy and ensure that Canadians from Blackfalds, Brooks, Canmore, Coaldale, Drayton Valley, Edson, High River and all the way to Whitehorse and every town in between can experience the best of Canadian cuisine, pending the successful completion of this deal.”
Canuck Eats said that a deal, if materialised, would expand its presence to several areas, including Drayton Valley, Edson, High River, Hinton, Innisfail, Lacombe, Morinville, Rocky Mountain House, Slave Lake, Stettler, St Paul, Sylvan Lake, Taber and Wainwright.
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By GlobalDataThe firm intends to specifically use Feastify’s expertise to serve smaller markets.
Tsui added: “The breadth and depth of Feastify’s coverage across the country is genuinely impressive. Integrating their reach into our network would offer an even more comprehensive service to Canadians everywhere.”
