Premium Brands and Oberto news

Premium Brands has announced the acquisition of Seattle based meat snack manufacturer Oberto Sausage company.

Oberto is a North American manufacturer of beef jerky and other protein based snack foods, which it brings to market under the Oberto, Pacific Gold, Pacific Gold Reserve and Cattleman’s Cut brands. The family-owned company was founded in 1918.

The acquisition is the latest in Premium Brands’ push to become the leading platform in the rapidly growing North American meat snacks category. The company already numbers Harvest Brands, McSweeney’s, Grimm’s, Freybe and Piller’s among its brands.

The company has been on an acquisition campaign for several years, having acquired Seattle sandwich maker SK Food Group in 2010, along with Hempler Foods Group, a processor of smoked meats.

Premium Brands also recently boosted its stake in Vancouver based Mclean Meats from 36.2 per cent to 66 per cent.

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