Premium Brands, a Canadian specialty food manufacturing and distribution company, and Mi'kmaq First Nations, a First Nations people of the Northeastern Woodlands in Canada, agreed to acquire Clearwater Seafoods, a seafood producer and deliverer, for $709m. "Clearwater on its own is a world class seafood company with a great management team, best-in-class products and a globally respected brand. In partnership with us and the Mi'kmaq First Nations communities, it will become an even stronger business by leveraging the complementary strengths of our three organizations," George Paleologou, Premium Brands President and CEO.