Olymel Acquires Premium Brands' Fresh Pork Division

On April 17, 2001, Olymel SEC acquired the assets comprising the fresh pork division of Premium Brands Inc. in Red Deer, Alberta for $73 million plus working capital. The transaction represents Premium Brands’ exit from the fresh pork business to focus on processed foods.

Olymel was represented by McCarthy Tétrault, with a team that comprised Trevor Bell, Sally Dennis, Linda Brown and Sandra Draibye (corporate), Madeleine Renaud (competition), Gwen Randall, Q.C., (labour/employment/pensions), Dale Skinner, Olivia Colic, and Conni Gibson (corporate). Premium Brands was represented by Bryan & Company with a team that included Doug Goss, Q.C., Mike Crozier, Q.C., Ian Reynolds, and Rob Bruggeman.