M&A Deal Summary

Premium Brands Acquires Maid-Rite Specialty

On November 4, 2021, Premium Brands acquired food company Maid-Rite Specialty

Acquisition Highlights
  • This is Premium Brands’ 28th transaction in the Food sector.
  • This is Premium Brands’ 10th transaction in the United States.
  • This is Premium Brands’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-11-04
Target Maid-Rite Specialty
Sector Food
Buyer(s) Premium Brands
Deal Type Add-on Acquisition

Target

Maid-Rite Specialty

Dunmore, Pennsylvania, United States
Maid-Rite Specialty is a manufacturer of customized cooked and raw protein solutions for retail and foodservice customers across Canada and the U.S. Maid-Rite Specialty is based in Dunmore, Pennsylvania.

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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 31 of 31
Sector (Food) 28 of 28
Type (Add-on Acquisition) 29 of 29
State (Pennsylvania) 1 of 1
Country (United States) 10 of 10
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-04 Westmorland Fisheries

Cap-Pelé, New Brunswick, Canada

Westmorland Fisheries is a processor, distributor, and marketer of lobster products which it sells to retail, foodservice, and distribution customers around the world. Westmorland Fisheries is based in New Brunswick, Canada.

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