Canada

Premium Brands buys stake in organic poultry producer

Mergers & Acquisitions

Premium Brands Holdings Corporation, a leading producer, marketer and distributor of branded specialty food products, is pleased to announce that it has acquired a 62.6% interest in Yorkshire Valley Farms Ltd., an Ontario based processor and marketer of organic chicken products.

Posted on Jul 31 ,06:15

Premium Brands buys stake in organic poultry producer

“We chose to partner with Premium Brands based on their solid reputation as a supportive long term
investor that respects the unique cultures and values of the businesses they invest in,” said James Sculthorpe, President and CEO of Yorkshire.

Yorkshire, which has annualized sales of approximately $65 million, operates a modern 40,000 square foot processing facility located in Harriston, Ontario. It was founded in 2010 by a group of farming families led by Tony Ambler and Tom Ahrens.

Premium Brands owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States.

 

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

GERMANY

Vion strengthens demand-driven chain concept Good Farming Balance for the future

Ever since Vion introduced Good Farming Star in 2010, the company has been at the forefront of bu...


Read more Read more
DENMARK

Danish Crown becomes co-owner of promising climate technology

It may sound strange that a burning gas torch at a slurry tank can reduce the climate footprint o...


Read more Read more
GERMANY

Germany: Poultry meat and eggs are produced sustainably and are important for a balanced diet

The recommended amount of meat consumed does not correspond in any way to the national consumptio...


Read more Read more
Websolutions by Angular Software and SpiderClass