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Clearly Canadian to Acquire Baldwin Street Kosher

04-16-2008

by Lester Young

Clearly Canadian Brands (OTCBB: CCBEF), a company that markets premium alternative beverages and healthy food products, has signed a letter of intent to acquire Baldwin Street Kosher, a producer of kosher and gluten-free meat products. The acquisition will be added to Clearly Canadian's portfolio of other recent purchases: organic and natural-food companies DMR Food Corporation and My Organic Baby, Inc. The three-year-old Baldwin Street Kosher operation is a rapidly-growing brand consisting of gourmet hot dogs, sausages and other meat items. The products are sold at major supermarkets in the Toronto area as well as vended at Toronto Maple Leafs-, Raptors- and Blue Jays games.

Based in Vancouver, British Columbia, Clearly Canadian believes that with its marketing and sales channels now in place, the company will be able to easily add complimentary brands to its portfolio that will benefit from the increased exposure and positioning the established infrastructure will provide. Among the products the company currently markets are Clearly Canadian sparkling flavored waters and Clearly Canadian dailyEnergy, dailyVitamin and dailyHydration Natural Enhanced Waters, distributed in the U.S., Canada and other countries.

With its recent acquisitions, the company also now markets a full line of organic baby and toddler foods, along with a wide variety of natural dried fruit and nut snacks from various producers. It intends to aggressively review other acquisition opportunities with the hope of further capitalization on the current consumer wave toward a healthier eating lifestyle.

The writer does not own shares in the above stocks.

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