Published On: Thu, Apr 11th, 2019

Central Valley Meat to acquire rival meat processor Harris Farms Beef

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Food acquisition news : Central Valley Meat has agreed to acquire rival California-based meat processing company Harris Ranch Beef and its wholly owned subsidiaries for an undisclosed price.

Headquartered in Hanford, Central Valley Meat is a family-owned meat processor that was established in 1993. The meat processing company is engaged in the supply of high-quality beef to domestic and international markets.

Located in the Central Valley, Harris Ranch Beef, for more than 50 years, is said to have been producing the highest quality beef in the world.

Central Valley Meat acquisition of Harris Ranch Beef

Central Valley Meat acquisition of Harris Ranch Beef. Image courtesy of Central Valley Meat Company, Inc.

Commenting on Central Valley Meat acquisition of Harris Ranch Beef, Brian Coelho – President and CEO of Central Valley Meat, said: “We have known and respected John Harris and Harris Ranch Beef for decades, and I am pleased to have this once-in-a-lifetime opportunity to continue the business’ family-owned legacy and pursue its tremendous potential for growth here in the Central Valley.

“While Central Valley Meat Company and Harris Ranch Beef will continue to operate independently, I expect both businesses and their respective customers to benefit from the companies’ shared knowledge, extensive resources and expanded product offering.”

As per the terms of the agreement, Ranch Beef and Central Valley Meat will operate as standalone entities, while retaining their respective beef brands.

John Harris – Owner of Harris Farms, commenting on Central Valley Meat acquisition of Harris Ranch Beef, said: “The Central Valley has long served as the home of some of the finest beef sold around the world. Today’s announcement cements a future for two family-owned beef operations to continue to thrive.

“Brian has a proven track record of growing businesses, and under his leadership Harris Ranch Beef can continue its long and storied legacy.”

For more food acquisition news like Central Valley Meat acquisition of Harris Ranch Beef, keep following Business-News-Today.com.

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