Tag Archives: George Paleologou

Premium Brands and Mi’kmaq First Nations Coalition Announce Acquisition Completion of Clearwater Seafoods Inc.

“We are very excited to have a world class seafood company like Clearwater join our ecosystem.,,, said George Paleologou, President and CEO of Premium Brands. “We are also very pleased to be partnering with the Membertou, Miawpukek, Sipekne’katik, We’koqma’q, Potlotek, Pictou Landing and Paqtnkek communities. “This is a significant achievement for the Mi’kmaq,” said Chief Terry Paul, Membertou First Nation. “Mi’kmaq not only become 50% owners of the company but expect to hold Clearwater’s Canadian fishing licences within a fully Mi’kmaq owned partnership. >click to read< 09:23

Premium Brands notches up yet another acquisition with Ready Seafood

Canadian food producer Premium Brands Holdings is adding yet another company to its extensive list of acquisitions this year with the purchase of US-based processor Ready Seafood Co. Premium Brands said in a statement today (4 September) it has signed a “definitive agreement” to acquire Ready Seafood located in Portland, Maine. The company was founded in 2004 by brothers John and Brendan Ready and has annual sales of around US$100m. Ready Seafood processes, distributes and markets lobsters for the US market from its three production facilities in Maine. >click to read<18:47