Premium Brands acquires Skilcor Foods
Skilcor Food Products maintains annual sales of approximately $27 million and operates out of a specially designed 34,000-square-foot facility that was built in 2006.
Premium Brands Holdings Corp., Canada, acquired a 100% interest in Ontario, Canada-based Skilcor Food Products, a manufacturer of cooked back ribs and other unique protein products. Skilcor Food Products maintains annual sales of approximately $27 million and operates out of a specially designed 34,000-square-foot facility that was built in 2006.
"Skilcor further strengthens our rapidly growing presence in central Canada's protein manufacturing and protein distribution segments. It will not only expand our portfolio of products, but will also give us specialized production capacity that will enable us to provide customers with premium quality differentiated protein solutions in the high-growth ready-to-eat product category," says George Paleologou, president and CEO of Premium Brands. "In addition, Skilcor's experienced and talented management team will further enhance the depth of our protein platform in central Canada.”
"I have no doubt that Premium Brands is the right partner for us, our company and our people," says Deborah Kinzinger, founder and chair of Skilcor. "I am very proud of our team, our culture and our products and of how much we have accomplished since Skilcor was founded back in 1969. We are looking forward to working with the other companies under the Premium Brands umbrella to help accelerate our growth across Canada and into the U.S."