Leading Canadian producer and distributor of branded specialty foods announces four separate purchases.
March 19, 2018
by Canadian Packaging staff
VANCOUVER—Premium Brands Holdings Corporation, a leading producer, marketer and distributor of branded specialty food products, has announced the signing of four separate acquisitions:
The combined purchase price for these businesses, which have annual sales of approximately CDN$266.5 million, is CDN$227 million. All four transactions are expected to be on an individual basis accretive to the company’s 2018 earnings.
“In terms of our four most recent acquisitions, we are very excited about all of these businesses both on a stand-alone basis as well as the potential synergies between them and our legacy businesses. All four companies have best-in-class management teams, modern well run facilities, entrepreneurial cultures and, in the cases of Concord and The Meat Factory, leading iconic brands.,” says Premium Brands Holdings president and chief executive officer George Paleologou.
Company information available at www.premiumbrandsholdings.com.
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