Case Farms Expands Operations with Foster Farms Acquisition
In a significant strategic move, Case Farms has finalized the acquisition of Foster Farms’ poultry complex in Farmerville, Louisiana, which marks a pivotal expansion for Case Farms into a key production area in the Southern U.S.
Details of the Acquisition
The acquisition encompasses Foster Farms’ comprehensive facilities, including:
- Fresh chicken, prepared foods, and protein conversion facilities located in Farmerville.
- A feed mill situated in Arcadia.
- A hatchery located in Athens.
A Shift in Strategy
This divestiture aligns with Foster Farms’ focus on enhancing its brand presence across retail and foodservice channels. Meanwhile, Case Farms views this deal as a substantial step toward fulfilling its growth objectives.
“We are proud to welcome the well-respected Foster Farms team members and growers to the Case Farms family,” stated Tom Shelton, founder and chairman of Case Farms.
Case Farms’ Growing Presence
Established in 1986, Case Farms currently processes an impressive 5.3 million birds weekly and produces over 1.7 billion pounds of poultry products annually. This acquisition enhances its production capacity and solidifies its footprint in Louisiana, adding to its existing operations in Ohio and North Carolina.
Implications for the Poultry Industry
This transaction underscores broader trends within the U.S. poultry sector:
- Foster Farms is narrowing its operations to concentrate on consumer-driven markets.
- Case Farms is scaling up, aiming to develop a stronger supply chain capacity and customer base.
The terms of the acquisition remain undisclosed, but it signifies a strategic realignment in the competitive poultry landscape.
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