Divestiture • Food

Central Valley Meat Co. Acquires Harris Ranch Beef Co.

On April 9, 2019, Central Valley Meat Co. acquired food company Harris Ranch Beef Co. from Harris Farms

Acquisition Context
  • This is Central Valley Meat Co.’s 1st transaction in the Food sector.
  • This is Central Valley Meat Co.’s 1st transaction in the United States.
  • This is Central Valley Meat Co.’s 1st transaction in California.

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M&A Deal Summary

Date April 9, 2019
Target Harris Ranch Beef Co.
Sector Food
Buyer(s) Central Valley Meat Co.
Sellers(s) Harris Farms
Deal Type Divestiture
Advisor(s) Wells Fargo Securities (Financial)
Sheppard Mullin Richter & Hampton (Legal)

Target Company

Harris Ranch Beef Co.

Coalinga, California, United States
Harris Ranch Beef Co. is a beef producer and the largest ranch on the West Coast of the United States.
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Buyer Overview 1

Buyer

Central Valley Meat Co.

Hanford, California, United States

Category Company
Sector Food
DESCRIPTION

Central Valley Meat Co., Inc. is a full line beef harvesting operation, processing over 1500 beef cattle a day. Variety of graded and non-graded boxed beef cuts, trimmings, and offal products available to processors, food service, and retail customers.


Deal Context for Buyer #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

Harris Farms

Nolensville, Tennessee, United States

Category Company
Founded 2007
Sector Manufacturing
DESCRIPTION

Harris Farms LLC is a poultry equipment maker that caters to the backyard chicken market. Harris Farms LLC was founded in 2007 and is based in Nolensville, Tennessee.


Deal Context for Seller #
Overall 1 of 1
Sector: Food 1 of 1
Type: Divestiture 1 of 1
State: California 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1