HURON — Jack Link’s Beef Jerky has announced it has reached an agreement to acquire a packaged meat snacks products manufacturing facility in Bellevue, Neb., from Skylark Meats LLC, a subsidiary of American Foods Group LLC.
The transaction is expected to close by the end of October, subject to customary closing conditions. Terms were not disclosed.
Jack Link’s is the No. 1 U.S. meat snack brand.
The acquisition will enable Jack Link’s to increase production capacity in order to meet growing consumer demand. The meat snacks category has grown nearly 13 percent so far this year.
“Skylark Meat’s Bellevue plant is a perfect fit for our business, with an experienced workforce and management team,” said Jack Link, chief executive officer and chairman of the board.
“The addition of this plant gives us the opportunity to expand on our existing manufacturing operations and enhance our ability to meet our customers’ needs,” he said.
The Bellevue facility is a current co-packaging producer of some of Jack Link’s meat snack products. Jack Links plans to retain current management and employees.For the complete article see the 10-03-2012 issue.
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