As
predicted during its quarterly report about a week ago, Premium
Brands has made deals to buy several more companies.
The
deals are:
Raybern Foods of California, bought from TSG Consumer Partners, management and other shareholders; and
A half interest in California-based Shaw Bakers.
Buddy's
makes sandwiches and other prepared meals for a variety of customers
with a particular focus in the airline and convenience store
channels.
It
operates two modern production facilities in the Minneapolis area,
one of which is 91,000 square feet and the other 62,000 square feet.
Raybern's
makes branded specialty sandwiches for the U.S. retail market and
operates a modern 146,000 square foot facility in Tupelo,
Mississippi. Its line of authentic hand-held products includes
top-seller Philly Cheesesteak sandwich and a wide variety of other
frozen and refrigerated sandwiches and wraps.
Shaw
Bakers is a manufacturer and distributor of fresh and frozen artisan
breads as well as a range of sweet and savory pastries.
It
operates a 67,600 square feet facility in the greater San Francisco
area.
On
a combined basis Buddy's, Raybern's and Shaw Bakers have annual sales
of approximately $147 million Cdn.
Premium
Brands owns a number of Ontario companies, including Belmont Meats
and Piller’s Meats and Delicattessens.
