High Liner Foods Expands US Presence With Mrs Paul's, Van de Kamp's Brands Acquisition
High Liner Foods has agreed to acquire Mrs. Paul's and Van de Kamp's brands of frozen breaded and battered fish products from Conagra Brands for $55 million as it looks to grow its U.S. footprint.
The Lunenburg, Nova Scotia-based frozen-seafood processor said Friday said the acquisition positions High Liner Foods for scale in U.S retail with improved sales opportunities thanks to a complementary distribution profile and customer relationships.
The $55 million price tag includes about $36 million in inventory...
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