Premium Brands acquires Montreal meat packing business
The $146 million deal helps Premium Brands continue to grow its influence in the North American food industry.
April 1, 2016 By Andrew Joseph
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.
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