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Canadian food giant: Acquisition of Ready Seafood will accelerate its growth

Premium Brands Holdings Corp. (TSX:PBH), a Canadian food group that announced Tuesday its plans to acquire Portland-based Ready Seafood Co., says the transaction will bring its seafood assets to more than $400 million Canadian (or $303 million USD) in annual sales.
Terms of the deal were not disclosed, but the Vancouver-based company said it plans to retain Ready Seafood’s co-founders John and Brendan Ready as partners and would keep its thre ...

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