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High Liner Foods

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High Liner Foods Inc. is a Canadian processor and marketer of frozen seafood. High Liner Foods' retail branded products are sold throughout the United States, Canada, and Mexico under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and C. Wirthy labels, and are available in most grocery and club stores. The company also sells branded products under the High Liner, Icelandic Seafood, and FPI labels to restaurants and institutions, and is a supplier of frozen seafood products to North American food retailers and food service distributors. High Liner Foods is a publicly traded Canadian company, trading under the symbol HLF on the Toronto Stock Exchange .

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5-831: Founded on December 12, 1899, as W.C. Smith & Company, it was originally a salt fish operation located in Lunenburg, Nova Scotia, which is where the Head Office is still located. It was founded by five brothers, Captain Benjamin Conrad Smith, Captain George Abraham Smith, Captain William Charles Smith, James Leander Smith, and Lewis H. Smith. In 1926, the same group of shareholders formed Lunenburg Sea Products Limited after diversifying into fresh fish and cold storage. At that time,

10-606: A division of the company. In May 2003, the company's fish processing quotas and nine trawlers were sold to a consortium headed by Clearwater Seafoods . Clearwater Seafoods Clearwater Seafoods is a seafood company based in Bedford, Nova Scotia , Canada. It is the largest shellfish producer in North America. The company was founded in 1976 by John Risley and Colin MacDonald. The pair sold lobster out of

15-503: A truck, and gradually expanded the business from there, reaching global revenues of Can$ 500 million in 2015. Clearwater Seafoods is a vertically integrated producer, meaning it is involved in all stages of the process from harvest to distribution. The company fishes and processes products that include sea cucumber , crab , lobster , scallops , and clam , distributed in 59 countries. As of 2019 its global sales were Can$ 612 million. However, its sales were significantly impacted by

20-409: The "High Liner" brand was conceived. In 1938, W.C. Smith & Company and Lunenburg Sea Products Limited merged. In 1945 the merged companies, along with Maritime National Fish Company Limited and other related companies, were merged, creating National Sea Products Limited. On December 31, 1998, the company changed their name to High Liner Foods Incorporated and National Sea Products Limited became

25-503: The 2020 COVID-19 pandemic , particularly the cessation of live lobster sales in China. In November 2020, it was announced that Clearwater Seafoods was acquired as a joint venture partnership between Premium Brands Holdings Corporation and a group of Mi’kmaq First Nations (under the name FNC Holdings Limited Partnership) for Can$ 1 billion. As part of this deal, the Mi'kmaq acquired all of

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