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Premium tipped for CAD 450m-plus crab, lobster deal after upping bid on C&E to meet Novacap

Canadian food group Premium is the favorite to acquire Champlain Financial's lobster and snow crab processing assets over Novacap, its final rival left in the sale process

By Tom Seaman | March 4, 2022 18:32 GMT
Credit: Boston Wholesale Lobster Co.'s holding pound in Lynn, Massachusetts. Credit: Boston Wholesale
Credit: Boston Wholesale Lobster Co.'s holding pound in Lynn, Massachusetts. Credit: Boston Wholesale
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Canadian food group Premium Brands Holdings is the favorite to acquire private equity (PE) Champlain Financial Corp.’s lobster and snow crab processing assets over Novacap, its final rival left in the sale process. [...]

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