AMCO Farms Inc. and AMCO Produce Inc., both based in Leamington, Ontario, have obtained protection under the Companies’ Creditors Arrangement Act (CCAA) as of August 22, 2025,  facing approximately $58.3 million in liabilities. Major secured creditors include Royal Bank of Canada (RBC) with $26 million, Pure Flavor Farms with $8 million, and Agricultural Credit Corporation with $1 million. AMCO Farms, employing around 100 staff, specializes in growing tomatoes, peppers, cucumbers, and specialty produce. AMCO Produce, historically responsible for marketing AMCO Farms’ products, has largely ceased operations but retains assets used by AMCO Farms. The companies have struggled financially due to crop infestations—most notably a 2021 event that wiped out the tomato harvest and sharply reduced yields in subsequent years—alongside storm damage and persistent cash flow issues. In April 2024, AMCO Farms refinanced certain debts to RBC with new funding from Pure Flavor, under an agreement requiring exclusive produce sales to Pure Flavor. However, higher-than-expected deductions from these sales have significantly impacted AMCO Farms’ revenue, exacerbating liquidity challenges. The CCAA proceedings aim to facilitate a Sale and Investment Solicitation Process (SISP), with RBC providing debtor-in-possession (DIP) financing.

PricewaterhouseCoopers (PwC) is acting as monitor, with Stikeman Elliott representing AMCO Farms, Thornton Grout Finnigan (TGF) for the monitor, Dentons for RBC, and Miller Thomson for Pure Flavor.