The company is a processor of pea- and bean-derived ingredients for plant-based protein products.

Quebec-based Préval already owns six meat companies.

Salacoa Valley Farms focuses on purebred Brangus cattle.

The meat producer also plans to open an R&D development center in Brazil next year.

The company is also planning to open a new facility next month.

Restaurant Brands International expects the transaction to be immediately accretive to net earnings per share.

Randall Parker Foods has two manufacturing facilities.

The companies were required to divest stores before the transaction was approved.

If approved, CPKC would be the only single-line railroad linking the United States, Mexico and Canada.

All employees will become owners in the company.