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  6. Premium Brands Acquires Westmorland Fisheries

M&A Deal Summary

Premium Brands Acquires Westmorland Fisheries

On November 4, 2021, Premium Brands acquired food company Westmorland Fisheries

Acquisition Highlights
  • This is Premium Brands’ 28th transaction in the Food sector.
  • This is Premium Brands’ 21st transaction in Canada.
  • This is Premium Brands’ 1st transaction in New Brunswick.

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

Target

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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Buyer(S) 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 STATS #
Overall 31 of 31
Sector: Food M&A 28 of 28
Type: Add-on Acquisition M&A Deals 29 of 29
State: New Brunswick M&A 1 of 1
Country: Canada M&A 21 of 21
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-04 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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