M&A Deal Summary

Premium Brands Acquires Piller Sausages & Delicatessens

On August 4, 2011, Premium Brands acquired food company Piller Sausages & Delicatessens for 74M USD

Acquisition Highlights
  • This is Premium Brands’ 9th transaction in the Food sector.
  • This is Premium Brands’ 4th largest (disclosed) transaction.
  • This is Premium Brands’ 8th transaction in Canada.
  • This is Premium Brands’ 1st transaction in Ontario.

M&A Deal Summary
Date 2011-08-04
Target Piller Sausages & Delicatessens
Sector Food
Buyer(s) Premium Brands
Deal Type Add-on Acquisition
Deal Value 74M USD

Target

Piller Sausages & Delicatessens

Waterloo, Ontario, Canada
Piller’s is one of Canada’s major manufacturers of specialty European deli meats with annual sales of approximately $180 million and over 600 employees. It is currently owned and operated by the Huber family who founded it in 1957.

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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 10 of 31
Sector (Food) 9 of 28
Type (Add-on Acquisition) 9 of 29
State (Ontario) 1 of 6
Country (Canada) 8 of 21
Year (2011) 1 of 1
Size (of disclosed) 4 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-18 SK Food Group

Seattle, Washington, United States

SK Food Group, Inc. is a manufacturer of artisan breakfast sandwiches and wraps. It sells to customers across the United States and Canada from its state of the art 150,000 square foot facility in Seattle.

Buy $43M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-25 Freybe Gourmet Foods

Langley, British Columbia, Canada

Freybe is one of western Canada’s major manufacturers of premium gourmet deli meats with annual sales of approximately $78 million and a state-of-the-art 118,000 square foot production facility located in Langley, BC. It is currently owned and operated by the Freybe family who founded it in 1844.

Buy $55M
Mergr

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