Premium Brands acquires majority stake in Yorkshire Valley Farms
Premium Brands Holdings Corp (TSX: PBH) has acquired a 62.6 percent stake in Yorkshire Valley Farms Ltd, a Peterborough, Ontario-based processor and marketer of organic chicken products. Terms weren't disclosed. Founded in 2010 by group of farming families, Yorkshire operates a 40,000 square-foot processing facility in Harriston, Ontario. The company, which is led by President and CEO James Sculthorpe, mostly sells its products under the Yorkshire Valley Farms brand. Premium Brands, a Vancouver-based specialty food products company, said the deal allows it to expand into organic protein products. Premium Brands is a portfolio investment of Canadian family office Pender West Capital Partners.
30 July 2018•3 mins read
