In a move to crush the competition, Central Valley Meat Company, Inc. has announced its acquisition of Harris Farms, Inc. Central Valley Meat President and CEO Brian Coelho and Harris Farms Owner John Harris made clear that Central Valley Meat will acquire Harris Ranch Beef Holding Company (Harris Ranch Beef), including its wholly-owned subsidiaries, Harris Feeding Company and Harris Ranch Beef Company.
“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,” said Coelho. “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.”
According to the press release, Harris Ranch Beef and Central Valley Meat will operate independently under the agreement, with both companies retaining their respective brands. No financial details of the transaction were disclosed.
“The Central Valley has long served as the home of some of the finest beef sold around the world,” Harris commented. “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.”
Harris Farms’ other entities will not be impacted by the transaction, as Harris Farms’ Hospitality Division, including the Harris Ranch Inn and Restaurant, Farms Division, Horse Division, and River Ranch will remain fully owned by Harris Farms. Dave Wood, former Chairman of Harris Ranch Beef operations, and a 50-year industry veteran, will stay with Harris Farms as its President.
“Brian and the Central Valley Meat Company team share our view that employees are our company’s most valuable asset and that customers should be treated as partners, if not as family,” said Wood. “We are pleased to work with Brian and we look forward to each company’s continued success.”
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