M&A Deal Summary

Maxwell Farms and Seaboard Acquire Butterball

On December 6, 2010, Maxwell Farms and Seaboard acquired food company Butterball

Acquisition Highlights
  • This is Maxwell Farms’ 1st and Seaboard’s 2nd transaction in the Food sector.
  • This is Maxwell Farms’ 1st and Seaboard’s 2nd transaction in the United States.
  • This is Maxwell Farms’ 1st and Seaboard’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2010-12-06
Target Butterball
Sector Food
Buyer(s) Maxwell Farms
Seaboard
Deal Type Joint Venture

Target

Butterball

Garner, North Carolina, United States
Butterball, LLC is the major producer of turkey products in the United States. Butterball produces more than 1 billion pounds of turkey each year, and the company supplies its products to more than 30 countries.

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Buyer(S) 2

Buyer

Maxwell Farms

Goldsboro, North Carolina, United States

Category Company
Sector Food
DESCRIPTION

Maxwell Farms, LLC, through its subsidiary, processes and markets turkey, meat, and pork products.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Joint Venture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2010) 1 of 1
Buyer

Seaboard

Merriam, Kansas, United States

Category Company
Founded 1918
Sector Food
Employees12,847
Revenue 9.6B USD (2023)
DESCRIPTION
Seaboard's corporate headquarters in Shawnee Mission, Kansas.
Seaboard's corporate headquarters in Shawnee Mission, Kansas.

Seaboard is an integrated processor and producer of pork products. Seaboard was founded in 1918 and is based in Merriam, Kansas.


DEAL STATS #
Overall 2 of 3
Sector (Food) 2 of 2
Type (Joint Venture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 2 of 3
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-02 Seaboard Foods

Shawnee Mission, Kansas, United States

Seaboard Foods LLC is a provider of processes and produces pork and beef products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-28 Alto Ingredients - Madera Facility

Madera, California, United States

Alto Ingredients - Madera Facility is a producer of fuel ethanol. Alto Ingredients' Madera Facility is based in Madera, California.

Buy $28M