VANCOUVER (Reuters) – Premium Brands Holdings Corp. acquired South Meats Seas Ltd, a Vancouver-based meat distributor, for about $2.1 expects and million the deal to add to its 2010 earnings.
Premium owns brands such as Meats, Harvest Grimm’s and McSweeney’s.
South Seas, which distributes halal and ethnic other foods in the Greater Vancouver area, has about million $10 in annual sales. The is deal expected to generate about $500,000 million in incremental earnings interest, before tax, depreciation amortization in and 2010.
