It has been announced that Central Valley Meat Holding Company will acquire Harris Ranch Beef Holding Company, including its wholly owned subsidiaries, Harris Feeding Company and Harris Ranch Beef Company. Financial terms of the transaction were not disclosed.
“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 Mr. Coelho. Under the agreement, Harris Ranch Beef and Central Valley Meat Company will operate independently, with both companies retaining their respective brands.
“The Central Valley has long served as the home of some of the finest beef sold around the world. Today’s announcement cements a future for two family-owned beef operations to continue to thrive,” said Mr. Harris. “Brian has a proven track record of growing businesses, and under his leadership Harris Ranch Beef can continue its long and storied legacy.”
None of Harris Farms’ other entities are impacted by the transaction. Central Valley Meat Company is a family-owned meat processor, founded in 1993 and based in Hanford, California. The operation’s focus is on supplying high quality beef to both domestic and international markets. Harris Ranch Beef is located in California’s Central Valley and has built a uniquely integrated beef company where cattle are sourced, fed and humanely processed exclusively by Harris Ranch Beef.