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- calendar_today November 11, 2026
Fresh Prep to Acquire Goodfood Market Following Court Approval
Court Approves Sale of Goodfood Market
Vancouver-based meal kit company Fresh Prep Foods Inc. has announced it has received court approval to acquire its competitor Goodfood Market Corp. The company did not disclose the amount it will pay for the acquisition but stated that the deal is expected to close on or around Friday.
Background on Goodfood’s Financial Restructuring
Goodfood Market, founded in Montreal in 2014, is known for providing pre-measured sets of ingredients and recipes, allowing customers to prepare meals at home. The company faced financial challenges, leading it to file for creditor protection with the Superior Court of Quebec over the summer. This step was aimed at restructuring the business, either under new ownership or with assistance from investors.
Fresh Prep’s Expansion
After the acquisition is finalized, Fresh Prep will begin serving approximately 30,000 Goodfood customers. Fresh Prep, which was established in Vancouver in 2015, also operates a meal kit delivery model offering pre-measured ingredients and recipes to its customers. This transaction marks a significant expansion for Fresh Prep in the Canadian meal kit industry.
Recent History and Industry Context
The move to acquire Goodfood comes after Fresh Prep’s previous acquisition of another Montreal-based meal kit provider, Cook It Recipes Inc., in 2024. The meal kit sector in Canada has seen increased competition, with several companies adjusting their business strategies to respond to shifting consumer habits and economic conditions.
Looking Ahead
Fresh Prep has not revealed financial details about the Goodfood purchase. However, the acquisition is expected to further solidify Fresh Prep’s position among Canadian meal kit competitors, positioning the company to serve an expanded customer base from coast to coast.
Source: cbc.ca.
