VANCOUVER, May 30, 2018 /CNW/ - Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce approval by the Competition Bureau and successful completion of the previously announced acquisition of a 100% interest in Concord Premium Meats.
Concord is an Ontario based manufacturer of branded and customized protein solutions for retailers and foodservice customers across Canada. Its proprietary brands include MarcAngelo, Skoulakis, Central Park Deli, Black River Angus and Connie's Kitchen.
"We are very excited to welcome Concord and its talented management team into the Premium Brands family. Its entrepenurial culture is a perfect fit for us," said Mr. George Paleologou, President and CEO of Premium Brands. "Furthermore, its focus on products that are benefiting from a variety of long-term consumer trends, combined with its product innovation abilities and production capacities, will help to further accelerate the growth of our Protein Group," added Mr. Paleologou.
ABOUT PREMIUM BRANDS
Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States.
SOURCE Premium Brands Holdings Corporation
For further information: Please contact George Paleologou, President and CEO or Will Kalutycz, CFO at (604) 656-3100, www.premiumbrandsholdings.com