Add-on Acquisition • Food

Premium Brands Acquires Interprovincial Meat Sales

On March 28, 2017, Premium Brands acquired food company Interprovincial Meat Sales

Acquisition Context
  • This is Premium Brands’ 18th transaction in the Food sector.
  • This is Premium Brands’ 15th transaction in Canada.
  • This is Premium Brands’ 1st transaction in Nova Scotia.

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M&A Deal Summary

Date March 28, 2017
Target Interprovincial Meat Sales
Sector Food
Buyer(s) Premium Brands
Deal Type Add-on Acquisition

Target Company

Interprovincial Meat Sales

Dartmouth, Nova Scotia, Canada
Interprovincial Meat Sales Ltd. is a meat trader and distributor of beef, poultry and pork that serves the eastern provinces of Canada.
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Buyer Overview 1

Buyer

Premium Brands

Richmond, British Columbia, Canada

Category Company
Founded 1917
Sector Food
Employees8,707
Revenue 6.5B CAD (2024)
DESCRIPTION

Premium Brands is a manufacturer and distributor of food products in Canada and the United States. Premium Brands was incorporated in 1917 and is headquartered in Richmond, British Columbia.


Deal Context for Buyer #
Overall 19 of 31
Sector: Food 18 of 28
Type: Add-on Acquisition 17 of 29
State: Nova Scotia 1 of 2
Country: Canada 15 of 21
Year: 2017 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-08 Diana’s Seafood

Toronto, Ontario, Canada

Diana’s Seafood Delight, the city’s finest fish market offers you a vast selection of fresh fish from all over the world. Its wholesale distribution centre caters daily to the varied needs of many of Toronto’s best hotels and restaurants. Diana’s delight seafood salad is the finest in North America.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-19 Leadbetter Foods

Orillia, Ontario, Canada

Leadbetter Foods, Inc. is a beef processor that manufactures, packages and distributes steaks, burgers and bacons for retail and food service companies. Leadbetter Foods, Inc. was established in 1926 and is based in Orillia, Ontario.

Buy -