PE-backed Premium Brands acquires Leadbetter Foods
Canadian specialty food products company Premium Brands Holdings Corp (TSX: PBH) has acquired 100 percent of the shares of Leadbetter Foods Inc, an Orillia, Ontario-based maker of specialty bacon, fresh and frozen burgers and portion-cut steaks. No financial terms were released. Vancouver-based Premium Brands said the acquisition facilitates its goal of becoming a leading specialty protein platform in Ontario and complements its Belmont Meats' burger business, which was acquired last year. Premium Brands has been a portfolio company of Canadian private equity firm Pender West Capital Partners since 2005.


