Premium Brands acquires Montreal meat packing business
By Canadian Packaging staff
General acquisition meat processing plant C&C Packing Inc. Isernio's Inc. Premium Brands Holding Corp. Premium Meat PackersThe $146 million deal helps Premium Brands continue to grow its influence in the North American food industry.
VANCOUVER—Premium Brands Holding Corp. of Vancouver has acquired Montreal-based C&C Packing Inc. and its affiliate, Premium Meat Packers for $146 million.
C&C supplies fresh and frozen meat products to retailers and foodservice distributors across central and eastern Canada.
“C&C perfectly complements our protein distribution and trading initiatives in western Canada and, with its strong and experienced management team and state-of-the-art facilities, will enable us to create a unique national platform in another niche market segment,” states Premium Brands president and chief executive officer George Paleologou via a press release.
Premium Brands produces, markets and distributes branded specialty food products. In 2015, it purchased Isernio’s Inc., who produce a popular Pacific northwest brand of premium fresh sausage. Premium Brands closed down an older Toronto processed meat facility in a largely residential area in December of 2015.
Brands produced by Premium Brands include: Grimm’s; Harvest; McSweeney’s; Bread Garden Go; Hygaard; Hempler’s; Quality Fast Foods; Gloria’s Best of Fresh; Direct Plus; Harlan Fairbanks; Creekside Bakehouse; Stuyver’s Bakestudio; Centennial Foodservice; B&C Food Distributors; Shahir; Wescadia; Duso’s; Maximum Seafood; SK Food Group; OvenPride; Hub City Fisheries; Audrey’s; Deli Chef; Piller’s; and Freybe.
More information on Premium Brands available at www.premiumbrandsholdings.com.
Image via www.thinkstockphotos.ca
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