Premium Brands Acquires Three Protein Suppliers

New Jersey-based Casa Di Bertacchi, a manufacturer of private label and branded cooked protein products, was one of three companies acquired by Premium Brands Holdings Corporation. The acquisitions were announced by the Vancouver-based company just before the start of 2025.

Also acquired by Premium Brands were NSP Quality Meats, a cooked protein and deli meats manufacturer with plants located in Oklahoma, Texas, and Missouri; and Italia Salami (Italia), a manufacturer of authentic dry-cured Italian salami with a plant in Ontario. 

The total purchase price for the NSP, Casa, and Italia businesses, which have combined annual sales of approximately US$200 million, was US$66 million consisting of US$50 million in cash, US$10 million in the company’s common shares, and contingent consideration of US$6 million.  

“We are very pleased to welcome NSP, Casa, and Italia into our ecosystem and to be partnering with the management teams of these well-known and long-established businesses,” said George Paleologou, president and CEO of Premium Brands. “NSP and Casa will play major roles in supporting the continued growth of our market-leading branded cooked protein initiatives in the U.S. by providing much-needed capacity and improving our access to additional key U.S. markets. In addition, these businesses will significantly enhance our Specialty Foods Group’s ability to largely mitigate any potential border and tariff-related risks. 

Paleologou added, “Italia is a smaller acquisition but provides our Concord business with much-needed local production capacity to help support their very successful Marcangelo-branded Italian charcuterie offerings.”

The company also announced the sale and leaseback of its recently expanded Hempler’s deli meats production facility in Washington resulting in gross proceeds of approximately US$68 million.