North Delta Seafoods Ltd.

Premium Brands has acquired an interest in North Delta Seafoods

Premium Brands Operating GP Inc. has acquired an interest in North Delta Seafoods Ltd.

Industry:

Food and Beverage

Premium Brands Operating GP Inc. has acquired an interest in North Delta Seafoods Ltd. MNP Corporate Finance Inc. was the exclusive financial advisor to North Delta Seafoods Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction provides the shareholders of North Delta Seafoods Ltd. with financial, operational and strategic resources to capitalize on growth initiatives and to implement a succession strategy that will ensure the continued long-term success of the business.

North Delta Seafoods Ltd. is an industry-leading harvester, processor and distributor of fresh and frozen wild-caught seafood. The company harvests, processes and distributes a variety of species within the salmon, pelagic, groundfish and shellfish universe from the waters of the North Pacific.

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