Premium Brands continues lobster sector consolidation push with newest acquisitions

Published on
November 12, 2019
In its latest quarterly report, Richmond, British Columbia, Canada-based Premium Brands Holdings Corporation announced several acquisitions that deepen its push into the North American lobster sector. Premium Brands, which had CAD 98 million (USD 74.1 million, EUR 67.3 million) in earnings and more than CAD 3 billion (USD 2.3 billion, EUR 2.1 billion) in revenue in 2018, bought York, Maine-based Maine Coast Shellfish in September and Topsham, Maine-based Hancock Gourmet Lobster Co. in May. The…

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