Premium Brands Holdings Corporation

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Premium Brands Holdings Corporation is a Canadian specialty food manufacturing and distribution company. It is headquartered in Richmond, British Columbia. The company operates through a network of independent businesses, each with its own unique brand and market presence. Premium Brands Holdings Corporation is listed on the Toronto Stock Exchange under the ticker symbol PBH.

History

Premium Brands Holdings Corporation was founded in 1917 as Fletcher's Fine Foods. Over the years, the company expanded its operations and diversified its product offerings. In 2005, the company rebranded itself as Premium Brands Holdings Corporation to reflect its broader range of premium food products.

Operations

The company operates through two main segments: Specialty Foods and Premium Food Distribution.

Specialty Foods

The Specialty Foods segment focuses on the manufacturing and marketing of specialty food products. This includes a wide range of items such as artisan bread, deli meats, seafood, and snack foods. The segment operates through various brands, including Oberto, Freybe, and Grimm's Fine Foods.

Premium Food Distribution

The Premium Food Distribution segment is responsible for the distribution of the company's specialty food products. This segment serves a diverse customer base, including grocery stores, foodservice providers, and retailers. The distribution network spans across Canada and the United States.

Brands

Premium Brands Holdings Corporation owns and operates several well-known brands in the specialty food industry. Some of the notable brands include:

• Oberto
• Freybe
• Grimm's Fine Foods
• Harlan Fairbanks
• Deli Chef

Acquisitions

The company has a history of growth through acquisitions. Some of the significant acquisitions include:

• In 2010, the acquisition of Deli Chef.
• In 2012, the acquisition of Piller's Fine Foods.
• In 2018, the acquisition of Oberto.

Financial Performance

Premium Brands Holdings Corporation has shown consistent financial growth over the years. The company's revenue and net income have steadily increased, driven by organic growth and strategic acquisitions.

Corporate Governance

The company is governed by a Board of Directors, which includes experienced professionals from various industries. The Board is responsible for overseeing the company's strategic direction and ensuring good corporate governance practices.

See Also

• Specialty food
• Food distribution
• List of food companies