Premium
Brands has bought Oberto Sausage Co. Of Seattle and another third of
the shares of McLean Meats Inc. In its home base of Vancouver.
Oberto
specializes in snack foods and McLean Meats Inc. in preservative-free
and organic processed meats to foodservice and retail customers in
Canada.
Premum
Brands now holds to 66.2 percent of McLean’s shares.
The
combined purchase price for the investments in Oberto and McLean is about $237 million, while the combined revenues of the two businesses are about $246 million, Premium Brands said in a news release.
