BellMark Partners, LLC advised Power-Selles Imports, Inc., dba Culinary Collective, (the “Company” or “Culinary Collective”) in its sale to Ocean Brands, Inc., a division of The Jim Pattison Group. Headquartered in Richmond, BC, Ocean Brands is a leading producer of ambient seafood under the Ocean’s, Club Des Millionaires, and Gold Seal brands. The Jim Pattison Group is a diversified holding company based in Vancouver, BC and the second largest private company in Canada.
Business Description
Headquartered in the Seattle suburb of Lynnwood, Washington, Culinary Collective is a leading importer and distributor of shelf-stable, premium specialty food throughout the United States and Canada. The Company sources, markets, and distributes an assortment of responsibly-sourced traditional foods from Southern Europe and South America. Through longstanding vendor relationships and a reputable brand portfolio, including the Matiz™ and Zócalo™ brands, Culinary Collective maintains a diverse and rich product offering including seafood, nuts, broths, olive oils, grains, and sweets.
Transaction Description
BellMark Partners, LLC acted as the Company’s exclusive financial advisor in connection with the completion of this transaction. BellMark Partners, LLC was selected by the Company due to its consumer industry experience and senior level attention to transaction execution.