Conte Foods

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Conte Foods - overview

Established

1993

Location

Burnaby, BC, Canada

Primary Industry

Logistics & Distribution

About

Conte Foods is a food production company focused on providing high-quality artisan food products to the food service industry. Its offerings cater specifically to gourmet retailers and upscale dining establishments. Conte Foods, based in Burnaby, Canada, operates as an affiliate of Island City Baking, specializing in artisan food products. The company was founded in 1993, and in December 2016, it was acquired by Premium Brands Holdings as part of a transaction valued at USD 20.


3 million for both Conte Foods and Island City Baking. The founder details are not available. Conte Foods specializes in a diverse range of artisan food products designed for various culinary applications, especially in the food service industry. The company emphasizes quality and traditional production techniques to meet the growing demand for artisan offerings among high-end restaurants and gourmet retailers, particularly in British Columbia and potential expansions into select US markets.


Conte Foods generates revenue through direct sales and business-to-business partnerships with restaurants and gourmet retailers. The pricing model reflects the premium nature of their artisan products, ensuring that their clients receive competitive rates aligned with their operational needs. The company maintains consistent supply agreements with partners who value high-quality food products. Looking ahead, Conte Foods aims to innovate with new product lines designed for the gourmet market, although specific launch dates are not disclosed.


The company plans to expand its market reach beyond Canada into select upscale regions in the United States. The previous funding round in December 2016, which totaled USD 20. 3 million for both Conte Foods and Island City Baking, will support these growth initiatives and enhance their production capabilities.


Current Investors

Premium Brands Holdings Corporation

Primary Industry

Logistics & Distribution

Sub Industries

Food & Beverage Distribution

Website

www.contefoods.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Conte Foods - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedConte Foods-

Displaying 1 - 1 of 1

Conte Foods - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.