On June 6, 2025, High Liner Foods Incorporated, a leading North American value-added frozen seafood company, announced that it has entered into a definitive agreement to acquire the Mrs. Paul's and Van de Kamp's brands of frozen breaded and battered fish products from Conagra Brands, Inc. for US$55 million. The transaction includes all associated intellectual property and approximately US$36 million in inventory. The purchase price is subject to customary inventory adjustments. The transaction does not include employees or manufacturing facilities.

BMO Capital Markets acted as financial advisor for High Liner Foods Incorporated. Goodwin Procter LLP acted as legal advisor for High Liner Foods Incorporated.