Premium Brands Holdings Corp.(PBHC) Vancouver, B.C., said it finalized its purchase ofPiller Sausages & Delicatessens Limited, a Waterloo, Ont., producer, marketer and distributor of branded specialty European style deli meats. Terms were not disclosed. PBHC officials said Piller's has annual sales of approximately $180 million and more than 600 employees.
"Piller's, combined with our existing deli businesses, will create a unique national deli platform with an exceptional management team, state-of-the-art manufacturing facilities and a number of iconic brands," said Mr. George Paleologou, Premium Brands president and CEO.
"We are very pleased to be joining the Premium Brands group and are excited by the significant synergies we will realize by working with Premium Brands' other deli businesses," added Willy Huber Jr., CEO of Piller's.
PBHC owns a broad range of leading specialty food manufacturing and differentiated food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Washington state and Nevada. The company services more than 26,000 customers and its family of brands and businesses include Grimm's, Harvest, McSweeney's, Bread Garden Express, Hygaard, Hempler's, Quality Fast Foods, Gloria's Best of Fresh, Harlan's, Creekside Bakehouse, Centennial Foodservice, B&C Foods, Shahir, Duso's Fine Foods, Maximum Seafood, SK Food Group, OvenPride, Hub City Fisheries, Audrey's, Deli Chef, Hamish & Enzo and Piller's.
