High Liner Foods Inc., $15.27, symbol HLF on Toronto (Shares outstanding: 30.9 million; Market cap: $483.8 million, www.highliner.com), processes and markets frozen seafood. The company was called National Sea Products before it changed its name in 1998.
High Liner sells its products in grocery stores throughout the U.S., Canada and Mexico under the High Liner, Royal Sea, Fisher Boy, Mirabel and Sea Cuisine labels. It also sells food to restaurants and institutions under its High Liner, FPI and Icelandic Seafood brands. In addition, High Liner is a major supplier of private-label seafood to North American distributors and grocery stores.
In the past few years, High Liner has steadily expanded its operations with acquisitions.
In 2007, the company bought the manufacturing and marketing operations of FPI Ltd. (a former recommendation of our Successful Investor newsletter) for $161.7 million. At the same time, Ocean Choice International bought FPI’s fish harvesting and processing operations in Atlantic Canada for $158.5 million.
In December 2010, High Liner bought…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
This privacy policy is applicable to all TSI Network Visitors, Clients, Employees, Suppliers, Web sites, Management, and all other interested parties. Any links to or from our site are not covered by this policy. We encourage you to read the privacy policies of every site that you visit.
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What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
Legal Notices and Disclaimers
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