High Liner Foods Incorporated (TSX:HLF) will look for M&A opportunities. Paul Jewer, Executive Vice President and Chief Financial Officer said, "we strengthened our foundation overall as a business, we strengthened our financial position as a business, so it does put us in a better position to evaluate M&A opportunities. We will be disciplined in doing that. We will make sure that there are strategic opportunities that fit well with our business. To your point on valuation, we're intending not to overpay. So you'll see us be more active in evaluating opportunities, whether or not any of those come forward will depend on how value-accretive we see them".