USA: Premium Brands expands protein portfolio with Stampede acquisition
Premium Brands, the Canadian specialty food manufacturer, has completed the acquisition of Stampede Culinary Partners, a US-based protein supplier, for approximately $688 million. The transaction for the Chicago-headquartered firm comprised $512.5 million in cash and $150 million in common shares, alongside capital adjustments and cash reimbursements. Originally founded 30 years ago as a butcher operation, […]
Canada: Premium Brands takes majority stake in Yorkshire Valley Farms
Premium Brands, the speciality food firm, has announced that it has taken a 62.6% interest in Yorkshire Valley Farms, a poultry processor based in Canada. Yorkshire Valley Farms is a leading producer of fresh and frozen chicken products such as chicken joints, mince, burgers and meatballs, the majority of which it markets under its namesake […]
Canada: Premium Brands to acquire Oberto
Canadian speciality foods firm Premium Brands has announced that it has entered into an agreement to acquire Oberto, a US maker of meat snacks. Family-owned Oberto is a manufacturer of beef jerky and other protein-based snack foods located in Seattle, WA. The company owns brands such as Oberto, Pacific Gold and Cattleman’s Cut. IN addition […]
Canada: Premium Brands announces four acquisitions
Premium Brands, a Canadian producer, marketer and distributor of branded food products, has announced the purchase of four businesses – Concord Premium Meats, The Meat Factory, Country Prime Meats and Frandon Seafood – as it expands its brand portfolio. The Meat Factory is an Ontario-based manufacturer of branded cooked protein products which owns Lou’s Barbeque, […]
Canada: Premium Brands to acquire Leadbetter Foods
Premium Brands, a Canadian producer of branded speciality food products, has announced the acquisition of a 100% stake of Ontario-based Leadbetter Foods, a meat products firm. Leadbetter Foods manufactures bacon, fresh and frozen burgers and portion cut steaks which it markets under brands such as Cowboy Burgers and Cowboy Steaks, and has annual revenues of […]
Canada: Premium Brands acquires Belmont Meats
Premium Brands, a Canadian producer, marketer and distributor of branded food products, is acquiring Ontario-based meat firm Belmont Meats for C$49.2 million ($37.1 million) in cash and C$800,000 ($604,000) in common shares of Premium Brands, according to a report in Food Business News. Belmont, which reports annual sales of approximately C$120 million ($91 million), produces burger […]
Canada: Premium Brands acquires Fletcher’s Fine Foods
Premium Brands, a producer and distributor of specialty food products, has announced that its subsidiary Hemplers’ has entered into an agreement to acquire the business and certain assets of Fletcher’s Fine Foods. Fletcher’s US sells a variety of premium bacon and fresh sausage products with annual sales of approximately $17 million. “This transaction fits perfectly […]
USA: Premium Brands to construct sandwich facility
Premium Brands, a speciality producer, marketer and distributor of specialty food products, has announced plans to build a 212,000 sq ft, state-of-the-art sandwich assembly facility in Phoenix, Arizona, USA. The facility, which is scheduled to open in the second quarter of 2017, will take Premium Brands’ total production capacity to 610,000 sq ft and will complement the company’s existing […]