Premium Brands Holdings Corporation of Vancouver has bought
Belmont Meat Products Limited of Toronto for $50 million.
Belmont specializes in burger patties and is in the process
of entering the U.S. market. It has annual sales of about $120 million.
Premium Brands has been expanding rapidly by acquiring
companies from British Columbia to Ontario.
Two of its major purchases have been Piller’s Meats and Delicatessens
of Waterloo and Fletcher’s Fine Foods of British Columbia.
Its list of companies now includes Grimm's, Harvest, McSweeney's, Piller's,
Freybe, Expresco, Belmont, Hempler's, Isernio's, Fletcher's U.S., Direct Plus,
Audrey's, SK Food Group, OvenPride, Bread Garden Go, Hygaard, Quality Fast
Foods, Deli Chef, Creekside Bakehouse, Stuyver's Bakestudio, Gourmet Chef,
Duso's, Centennial Foodservice, B&C Food Distributors, Shahir, Wescadia,
Harlan Fairbanks, Maximum Seafood, Ocean Miracle, Hub City Fisheries, C&C
Packing and Premier Meats.
