US-based The Miami Beef Company has announced the acquisition of local peer Hofmann Sausage.
Robert Young, CEO of Miami Beef, said the meat company’s aim with the move is to expand its product range through the addition of hot dogs and sausages.
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It said it will invest in the growth of Hofmann Sausage’s plants.
Miami beef added that it is planning further acquisitions after this deal, the value of which was undisclosed.
Young said: “We are thrilled to welcome Hofmann Sausage to the Miami Beef family.
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“Hofmann has a meaningful heritage and deep connection to its loyal customers, employee, and community, which we plan to continue serving through investment in its facilities in Syracuse.
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By GlobalData“We are excited to add hot dogs and sausages to our high-quality hamburger offerings to give our customers the full grilling experience.
“Our plan is to turbo-charge the growth of Hofmann’s footprint throughout the country and continue to look for complementary brands to acquire.”
Founded in 1879 in Syracuse, New York, Hofmann is a sausage and hot dog brand focused on sales in the central New York area.
Its portfolio includes beef and pork frankfurters, smoked sausage, bratwursts, beef jerky and condiments.
Miami Beef, founded in 1972 in the state reflected in its name, is a fresh and frozen meat producer. It manufactures chicken and beef patties, ground meat, steak among other meat-based products.
The company’s brands include Miami Beef, Free Graze, Florida Raised and Sizzle King.
Miami is present in the retail market throughout the US and also serves the foodservice channel, including schools, universities, healthcare and the military.
The compaany, which manufactures in Florida and New York, says it is capable of producing 50 tons of meat per eight-hour shift.
