Premium Brands

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, Stampede has evolved into a major supplier of sous-vide, plant-based proteins and value-added vegetables, servicing …

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 brand. The firm has annualized sales of approximately C$65 million ($50 million) and operates a …

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, described as the number one brand in Canada in the fully cooked meals category. Country …

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 $55 million. The firm operates two production facilities, including a modern 47,000 sq ft custom …

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, …

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 with our strategy of investing in companies with strong regional brands then providing their talented …