PE-backed Premium Brands acquires Diana's Seafood
Canadian specialty food products company Premium Brands Holdings Corp (TSX: PBH) has acquired Diana's Seafood, a supplier of fresh and frozen seafood products to retail and foodservice customers in the Greater Toronto Area. No financial terms were released. The deal, which comes on the heels of the company's buy of Island City Baking earlier this month, will help it build "Canada's only national seafood distribution network," Premium Brands said. Based in Vancouver, Premium Brands has been a portfolio investment of Canadian private equity firm Pender West Capital Partners since 2005.
8 December 2016•3 mins read
