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 patties as well a variety of customized burgers for retail and foodservice customers across Canada, …