M&A Deal Summary

Premium Brands Acquires Leadbetter Foods

On September 19, 2017, Premium Brands acquired food company Leadbetter Foods

Acquisition Highlights
  • This is Premium Brands’ 19th transaction in the Food sector.
  • This is Premium Brands’ 16th transaction in Canada.
  • This is Premium Brands’ 4th transaction in Ontario.

M&A Deal Summary
Date 2017-09-19
Target Leadbetter Foods
Sector Food
Buyer(s) Premium Brands
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 1

Buyer

Premium Brands

Richmond, British Columbia, Canada
Category Company
Founded 1917
Sector Food
Employees8,707
Revenue 6.3B CAD (2023)
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 STATS #
Overall 20 of 31
Sector (Food) 19 of 28
Type (Add-on Acquisition) 18 of 29
State (Ontario) 4 of 6
Country (Canada) 16 of 21
Year (2017) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-28 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-28 Skilcor Food Products inc.

Brampton, Ontario, Canada

Skilcor is one of Canada’s major manufacturers of cooked back ribs and other unique protein products. It has annual sales of approximately $27 million and operates out of a specially designed 34,000 square foot facility that was built in 2006.

Buy -
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