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M&A / Property

THS Maple Holdings Announces Exclusive Supply Agreement for Maple Cream Cookies in the Canadian Travel Retail Channel

By The Northwire Desk — AI Analysis Mar 19, 2026 · 08:29 YAY · 0.09 THS Maple Holdings Ltd.
YAY · Price

Executive Summary

  • THS Maple Holdings’ subsidiary Turkey Hill Sugarbush Ltd. entered an exclusivity agreement with Commercial Bakeries Corporation to become the sole supplier of maple cream cookies to the Canadian travel and tourism retail channel.
  • The partnership centralizes ordering, inventory, logistics, and branding for the product, which represents roughly 20% of Turkey Hill’s sales, and is expected to support growing demand in the market.
  • The agreement enhances THS Maple’s presence in Canadian travel retail and provides flexible supply terms, including blind‑labelling and turn‑key fulfilment services.

Key Details

  • Parties: Turkey Hill Sugarbush Ltd. (wholly owned subsidiary of THS Maple Holdings Ltd.) and Commercial Bakeries Corporation (Toronto‑based private‑label cookie manufacturer).
  • Scope: Exclusive supply of maple cream cookies to the Canadian travel and tourism channel, covering duty‑free, travel retail, and other tourism‑focused distributors/retailers.
  • Product Significance: Maple cream cookies account for ~20% of Turkey Hill’s total sales.
  • Operational Benefits:
  • Centralized coordination of ordering, inventory, and distribution through Turkey Hill.
  • Consistent bulk cookie tray inventory prepared for shipment.
  • Flexible minimum order quantities to meet distributor demand.
  • Blind‑labelling/shipping allowing partners to retain their own branding.
  • Turn‑key fulfilment services for specialized packaging requirements.
  • Strategic Rationale: Strengthens THS Maple’s role in Canadian travel retail, supports anticipated growth in demand, and improves supply chain efficiency.

Notable Quotes

“This exciting agreement forms part of Turkey Hill's broader strategy to strengthen its role in the Canadian travel retail sector through targeted supply chain partnerships and distribution relationships,” – Tom Zaffis, CEO, THS Maple Ltd.

Contact:
David Beutel, Chairman, THS Maple Holdings Ltd. (647) 401‑8834, [email protected]

Read the original news release →

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