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| The end of the 20th century and the first decade of the new millennium brought a number of ownership changes for Clover Leaf. In 1999, George Weston sold the brand to ], which rolled it into its U.S. canned seafood division, ]. Subsequently, in 2001, International Home Foods was acquired by ], which sold Clover Leaf/Bumble Bee to a senior management group in 2003. A year later, Clover Leaf/Bumble Bee merged with Connors Bros. to create Connors Bros. Income Fund, North America's largest branded-seafood company. | The end of the 20th century and the first decade of the new millennium brought a number of ownership changes for Clover Leaf. In 1999, George Weston sold the brand to ], which rolled it into its U.S. canned seafood division, ]. Subsequently, in 2001, International Home Foods was acquired by ], which sold Clover Leaf/Bumble Bee to a senior management group in 2003. A year later, Clover Leaf/Bumble Bee merged with Connors Bros. to create Connors Bros. Income Fund, North America's largest branded-seafood company. | ||
| In 2008, Connors Bros. was acquired by U.S. private equity firm Centre Partners.<ref>{{cite |
In 2008, Connors Bros. was acquired by U.S. private equity firm Centre Partners.<ref>{{cite news|url=http://www.seafoodsource.com/en/news/16-supply-trade/18836-centre-partners-acquires-connors-bros|accessdate=6 April 2014|newspaper=SeafoodSource.com#sthash.xvzBdMDg.dpuf|date=September 25, 2008}}</ref> In 2010, Centre Partners sold Connors Bros. to British private-equity firm Lion Capital LLP.<ref>{{cite news|title=Meet The Men Who Bought And Sold Bumble Bee Tuna...Twice|url=http://www.forbes.com/sites/steveschaefer/2011/02/10/meet-the-men-who-bought-and-sold-bumblebee-tuna-twice/|accessdate=6 April 2014|newspaper=Forbes|date=2/10/2011|author=Steve Schaefer}}</ref> | ||
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Clover Leaf Seafoods Company is the leading provider of canned seafood in Canada. Headquartered in Markham, Ontario, it sells canned, shelf-stable and frozen products under the Clover Leaf brand. The different types of seafood in the Clover Leaf line include tuna, salmon, oysters, mussels, clams, shrimp, crab, lobster and sardines. The company is a wholly owned subsidiary of Connors Bros., L.P., which is owned by British private-equity firm Lion Capital LLP. History
Clover Leaf Seafoods traces its roots back to 1871 when Alexander Ewen and three partners founded Loggie & Company, the first commercial salmon cannery in British Columbia, Canada. The cannery was located on the south shore of the Fraser River opposite New Westminster on a site that's now part of North Delta (originally founded as Annieville).
In 1902, following a period of industry consolidation, the British Columbia Packers’ Association was chartered as a New Jersey-based entity to take advantage of the state's favourable trust laws. Ewen emerged as the company's largest shareholder and first president. In 1908, a year after Ewen's death at age 74, the company purchased the Clover Leaf brand and began selling its canned salmon under the newly acquired trademark. Clover Leaf had been introduced in Canada in 1889 by the Anglo-American Packing Company to sell canned mackerel, among other products.
In 1928, the British Columbia Packers’ Association merged with Gosse Packing Company Ltd. and was federally incorporated in Canada as British Columbia Packers Limited (BC Packers). The consolidated entity consisted of 44 canneries, three cold storage facilities, five plants and shipyards, two salteries and more than 100 fishing boats, packers and coastal tenders.
Up until 1945, BC Packer's fishery operations were focused on the British Columbia Coast. Post World War II, the company expanded rapidly, opening new Canadian facilities in Ontario and Atlantic Canada and foreign facilities in coastal areas of the United States, Mexico and Southeast Asia.
In 1962, George Weston Limited acquired BC Packers and its Clover Leaf brand. Five years later, in 1967, it also acquired Connors Bros., makers of Brunswick Sardines and Seafood Snacks.
The end of the 20th century and the first decade of the new millennium brought a number of ownership changes for Clover Leaf. In 1999, George Weston sold the brand to International Home Foods, which rolled it into its U.S. canned seafood division, Bumble Bee. Subsequently, in 2001, International Home Foods was acquired by ConAgra, which sold Clover Leaf/Bumble Bee to a senior management group in 2003. A year later, Clover Leaf/Bumble Bee merged with Connors Bros. to create Connors Bros. Income Fund, North America's largest branded-seafood company.
In 2008, Connors Bros. was acquired by U.S. private equity firm Centre Partners. In 2010, Centre Partners sold Connors Bros. to British private-equity firm Lion Capital LLP.
References
- Nielsen MarketTrack, National All Channels, tonnage share, 52 wks ending Feb 8, 2014. ACNielsen.
- "BUMBLE BEE FOODS ANNOUNCES COMPLETION OF ACQUISITION BY LION CAPITAL". Bumblebee.com. Retrieved 6 April 2014.
- H. Keith Ralston (1994). "EWEN, ALEXANDER". Dictionary of Canadian Biography, vol. 13. University of Toronto/Université Laval. Retrieved 6 April 2014.
- "Annieville". BC Geographical Names Search - GeoBC. Retrieved 6 April 2014.
- H. Keith Ralston (1994). "EWEN, ALEXANDER". Dictionary of Canadian Biography, vol. 13. University of Toronto/Université Laval. Retrieved 6 April 2014.
- "BC Packers Limited -- A Short History". City of Richmond, British Columbia, Canada. Retrieved 6 April 2014.
- "BC Packers Limited -- A Short History". City of Richmond, British Columbia, Canada. Retrieved 6 April 2014.
- "George Weston Limited History". FundingUniverse.com. Retrieved 6 April 2014.
- SeafoodSource.com#sthash.xvzBdMDg.dpuf. September 25, 2008 http://www.seafoodsource.com/en/news/16-supply-trade/18836-centre-partners-acquires-connors-bros. Retrieved 6 April 2014.
{{cite news}}: Missing or empty|title=(help) - Steve Schaefer (2/10/2011). "Meet The Men Who Bought And Sold Bumble Bee Tuna...Twice". Forbes. Retrieved 6 April 2014.
{{cite news}}: Check date values in:|date=(help)
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