Premium Brands Expands Sandwich Reach with Key U.S. Acquisitions

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VANCOUVER — Premium Brands Holdings Corporation announced the acquisition Buddy’s Kitchen Inc. and Raybern Foods, and the purchase of a 50-per-cent interest in Shaw Bakers.

Minnesota-based Buddy’s Kitchen is a manufacturer of sandwiches and other prepared meal solutions with a focus on the airline and convenience-store channels. California-based Raybern Foods is a manufacturer of branded specialty sandwiches for the U.S. retail market. California-based Shaw Bakers is a manufacturer and distributor of fresh and frozen artisan breads, as well as a range of sweet and savory pastries.

“Buddy’s and Raybern’s greatly complement our existing businesses, as well as each other,” says Steve Sposari, president of Premium Brands’ North American Sandwich Group. “With Buddy’s we gain a new line of unique and innovative products, a very flexible production platform with excess capacity and significantly improved access to the U.S. convenience-store and airline segments. Raybern’s provides us with one of the leading premium sandwich brands in the U.S. and will enable us to further strengthen and expand our reach in the U.S. retail channel.”

Premium Brands owns a broad range of specialty food-manufacturing and differentiated food-distribution businesses with operations in B.C., Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia, Nevada, Ohio, Arizona, Minnesota, Mississippi and Washington State.

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