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Andrews Meat Industries Acquires Prime Cut Meats to Boost Turnover and Expand Distribution
Andrews Meat Industries (AMI), part of the JBS Australia food group, has acquired Queensland-based foodservice wholesaler Prime Cut Meats (PCM). This strategic acquisition is expected to increase AMI's turnover to over $650 million in the coming financial year.
Both family-managed businesses, AMI and PCM, share a commitment to quality and service, making this partnership a natural fit. AMI CEO Peter Andrews expressed confidence that the acquisition will augment PCM's reputation and enhance distribution capabilities in Queensland...
Wayne-Sanderson Farms Acquires Harrison Poultry
Wayne-Sanderson Farms has acquired Harrison Poultry, a Georgia-based producer of chicken products, which was founded in 1958.
The acquisition, effective immediately, includes the full transfer of Harrison Poultry’s assets, spanning live production, a hatchery, a feed mill, manufacturing operations, transportation, and related facilities in the Bethlehem and Crawfordville regions of Georgia, Wayne-Sanderson Farms said.
Integrated operations between the two companies are expected to begin immediately, with minimal disruption to day-to-day business.
Wayne-Sanderson Farms said it began evaluating the acquisition earlier this year
Convenience Store M&A Activity Suggests More Consolidation is Coming
The pace of merger and acquisition activity in the U.S. convenience store sector is accelerating with recent trends suggesting the nation’s c-store landscape is ripe for more change. While most of the transactions in 2024 involved smaller chains or single-store operators, several larger operators inked deals to significantly expand their footprints into new regions.
According to a new research brief from CoBank’s Knowledge Exchange, c-store consolidation stands to disproportionally affect rural communities, many of which lack a grocery store or access...
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