Canada’s Premium Brands Holdings managed to grow both its revenues and earnings in the fourth quarter and the whole of 2020, despite being largely buffeted by the COVID-19 for most of the year.

During the fourth quarter, the company completed the acquisition of Allseas Fisheries, and early 2021 completed the acquisition of Starboard Seafood, Distribution Cote-Nord as well as a 50 percent interest in Clearwater Seafood, resulting in CAD 550.4 million (€366.2 million/$437.5 million) of capital being spent.

The branded seafood producer and distributor increased its revenues in the fourth quarter by 10 percent to CAD 1.1