Nothing fishy about High Liner’s latest $55M deal

Eli Rodney
June 9, 2025
High Liner Foods Inc.

High Liner Foods (HLF) was up ~10% on Friday after announcing the $55M acquisition of two leading battered seafood brands from Conagra Brands. By 2027, the deal should add $11M in EBITDA (+11%) and 29M pounds of sales volume (+12%).

Strategically, the deal secures existing contract manufacturing work HLF had with the two brands, and unlocks incremental sales opportunities through new distribution and client relationships.

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Disclaimer: Bullpen Finance Inc. is not a registered investment advisor. The information provided is for educational purposes only and should not be considered investment advice. See our terms of service for more information.

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