J&G Foods, a US-based meat business, has been acquired by Canadian agri-food firm Préval AG for an undisclosed sum.
Massachusetts-headquartered J&G markets meats including organic and grass-fed beef, organic chicken and other “value-added” meats. It serves the retail, foodservice and direct-to-consumer channels.
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Quebec-based Préval, which has 37 subsidiaries, is owned and operated by the Fontaine family and employs more than 1,400 people in Canada, the US and South America.
Fabien Fontaine, Préval’s president and founder, said the company is “excited to add what is now J&G 2021 to our diversified family of companies”. He added: “J&G has a well-deserved reputation for quality meat products and great customer service.”
J&G will join Préval’s six existing meat companies, including Montpak International in Canada and Catelli Brothers in the US which provide veal, lamb and beef processing and packaging to retail and foodservice customers throughout the Americas.
Bill Leva, J&G’s president, becomes CEO and will continue to lead the , along with the current management team.
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By GlobalDataTony Catelli, president & CEO of Catelli Brothers, will also be president of J&G 2021 and manage all of Préval’s US meat operations.
Leva said: “All of us at J&G are pleased to join a leader in the agri-food industry, and we look forward to bringing our specialised skills to help make Préval AG even more successful.”
He added: “Our customers, which include some of the most recognised in the supermarket industry, can be assured that they can expect the same high level of service and the same high-quality products that they have received from us since our founding in 1999.”
