WAYNE-SANDERSON FARMS ANNOUNCES ACQUISITION OF HARRISON POULTRY
"We are proud to welcome the Harrison Poultry team into the Wayne-Sanderson Farms family," said
Wayne-Sanderson Farms leadership began exploring the idea of the Harrison Poultry acquisition earlier this year as part of its strategic growth initiative. The two companies have complementary offerings and began negotiations to finalize the sale after thorough analysis to ensure the respective operations and workplace cultures would be a good fit.
Harrison Poultry was founded by
"On behalf of the family of
Transaction Details
The acquisition is a private transaction and no financial details will be disclosed. Under terms of the acquisition, all Harrison Poultry assets were transferred immediately upon transaction closure.
BofA Securities served as exclusive financial advisor to Wayne-Sanderson Farms, BakerHostetler served as transaction counsel and Proskauer Rose served as antitrust counsel.
About Wayne-Sanderson Farms
Wayne-Sanderson Farms is an industry leader and the nation's third-largest poultry producer, serving customers, consumers and communities with integrity, leadership and responsible farm, workplace and business practices. With a diverse portfolio of products, a strong operating culture and an industry-leading workforce of more than 27,000 people and over 2,000 farm partners, Wayne-Sanderson Farms owns and operates 24 fresh and further-processing facilities across
About Harrison Poultry
Harrison Poultry, operating since 1958 and headquartered in
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SOURCE Wayne-Sanderson Farms
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