Fresh Prep Foods Receives Court Approval to Acquire Goodfood
Fresh Prep Foods Inc. will acquire Goodfood Market Corp. following court approval, expanding its operations into Saskatchewan and absorbing 30,000 active customers.
Fresh Prep Foods Inc. received court approval to acquire competitor Goodfood Market Corp. through a court-supervised process. The transaction is expected to close on or around November 13 or 14, 2026. The acquisition follows Goodfood's filing for creditor protection with the Superior Court of Quebec over the summer to facilitate restructuring.
Fresh Prep will assume service for approximately 30,000 active Goodfood customers and integrate members of the Goodfood team. The move expands the Vancouver-based company's operations into Saskatchewan and strengthens its presence in Quebec, where meals are prepared and shipped from a CFIA-licensed kitchen in Montreal. This follows Fresh Prep's 2024 acquisition of Montreal-based Cook It Recipes Inc.
Founded in 2015, Fresh Prep now operates in five Canadian provinces: British Columbia, Alberta, Saskatchewan, Ontario, and Quebec. While the company declined to disclose the purchase price, leadership described the move as a growth milestone. Co-CEO Dhruv Sood stated that welcoming Goodfood customers is an opportunity to bring the company's experience to more households, particularly in Quebec.