Premium Brands Holdings Corporation acquired Generational Equity client Interprovincial Meat Sales Ltd. The deal closed Feb. 2, 2017.
Interprovincial Meats, based in Dartmouth, Nova Scotia, is a meat trader and distributor of beef, poultry and pork that serves the eastern provinces of Canada.
Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, Nevada, Ohio, Arizona and Washington State.
The acquisition of Interprovincial Meats gives Premium Brands an entry into business in the eastern provinces.
“The company was well managed and generated several offers,” said Hammer.
“Fortunately the best buyer provided the best deal.”
Read more on the acquisition here.
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