Diana's Seafood is a supplier of fresh and frozen seafood products to retail and foodservice customers in the Greater Toronto area.
Premium Brands Holdings Corp., Canada, acquired Canada-based Diana's Seafood, a leading supplier of a variety of fresh and frozen seafood products to retail and foodservice customers in the Greater Toronto area.
"We are very excited about Diana's joining our rapidly growing seafood group business platform," says George Paleologou, president and CEO of Premium Brands. "This platform, which has grown from virtually no sales in 2007 to over $135 million in projected sales for 2016, is benefiting from a number of consumer trends, including increased consumer awareness of the health benefits associated with a seafood-rich diet and Canada's changing demographics, both in terms of age and ethnic mix. The Diana's transaction, which is our seafood group's fifth acquisition, moves this platform one step closer to its objective of building Canada's only national seafood distribution network."
Specialized Focus: Dive deep into the unique challenges and opportunities within the temperature-controlled food sector.
Industry Insights: Stay informed on critical topics such as energy management, packaging solutions, food safety, food processing, and supply chain logistics.
Comprehensive Coverage: Access in-depth editorial content that addresses the pressing business issues facing the chilled, refrigerated, and frozen food industry.